Bankers Pen Completes Acquisition Of Gotham Pen & Pencil
Bankers Pen Co., Inc. (UPIC: BANKERS) has finalized its acquisition of Bronx, New York-based fellow supplier Gotham Pen & Pencil (UPIC: GOTHAM).
Bankers, headquartered in Garfield, New Jersey, has spent the last three months integrating Gotham’s operations into its system. Currently, anyone going to Gotham’s website will be redirected to Bankers’ site, where most of Gotham’s product line has already been incorporated. The company expects to the integration to be completed within the next two weeks.
“We are excited by this acquisition as it will broaden our existing offerings of USA-Made and USA-assembled pens and tools,” says Richard Danziger, president of Bankers. “We also look forward to introducing former Gotham customers to Bankers' diverse line of pens and products decorated with our Colorburst process as well as to our proprietary laser-rotation process which we offer on all our laser engraved metal pens.”