Veritiv Operating Company takes over Arjay Company, expanding dominance in New York market

In a strategic move to expand its market presence, Veritiv Operating Company announced on December 13, 2024, that it has acquired Arjay Company based in Long Island, New York. This acquisition includes substantially all assets of PPE Sales, LLC, a distributor specializing in packaging solutions and equipment. The acquisition marks Veritiv's fifth transaction in the year under the leadership of Chief Executive Officer Sal Abbate. The purchase is seen as a significant step toward enhancing Veritiv's operational capabilities in a region that has historically posed challenges for the company. Sal Abbate stated that the integration of Arjay will enable Veritiv to leverage an established customer base in the Greater Metropolitan New York area, a market which the company has previously struggled to penetrate effectively from its Northeast locations. By acquiring local businesses like Arjay, Veritiv aims to combine its national strength and scale with the smaller company's entrepreneurial spirit and customer relationships. President of Arjay Company, Ronald Kahane, highlighted the benefits of joining forces with Veritiv, expressing optimism about the growth opportunities that will arise as a result of this acquisition. He emphasized that Arjay's 45-year history of dedicated service will complement Veritiv's established commercial framework. The collaboration will enhance customer service through improved packaging procurement, distribution expertise, and innovation in design and testing capabilities. As Veritiv continues to grow its national platform, this acquisition represents not only an expansion of its geographical reach but also a commitment to providing improved service to its customers. Both companies foresee a future of continued success and evolution in providing innovative and sustainable packaging solutions to meet the complex needs of their clients.