Moving to expand its online sale presence, Acme Paper & Supply Co., Inc., a Savage-based distributor of packaging, office and janatorial products, has acquired ReStockIt.com, a supplier of office supplies and electronics.
Financial terms were not disclosed. ReStockIt.com, based in Davie, Fla., reported revenue of $25.6 million in 2011. It has 30 full-time employees.
Acme was founded in Baltimore in 1946 by the Attman family and moved to Howard County in 1979. ReStockIt.com was founded in 2004.
"Acme has an outstanding history of success as a distributor and combining our large product selection, distribution and buying power with an accomplished ecommerce provider like ReStockIt.com strengthens our competitive advantage," said Steve Attman, Acme's co-owner, in a statement.