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Monarch Brands Merges With Hospeco

Monarch Brands has agreed to a merger with Hospeco Brands Group (HBG).

The deal expands Hospeco’s offerings of wiping solutions and microfiber products and adds complementary new lines to its existing portfolio. Per the terms of the agreement, all key management and sales staff will remain with Monarch Brands, with existing shared distribution in certain key markets expected to accelerate market penetration. Financial details of the merger were not disclosed.

“Joining forces with Monarch Brands exponentially strengthens the position of Hospeco Brands Group in the microfiber and wiper segments—gaining us a near leadership-share,” said Bill Hemann, HBG executive vice president. “Similarly, Monarch gains the ability to sell HBG’s complementary products. We are perfect partner brands with aligned goals providing meaningful product solutions and services through the commercial distribution community that help ensure clean, safe, and productive environments and provide care and comfort to millions around the globe. Our now-shared customer base will immediately recognize the value of our combined resources.”

“This merger is the natural evolution for the growth of Monarch Brands and HBG,” added Hal Kanefsky, Monarch Brands preside. “Together, we bring complementing products and talents into a single focus point to benefit all stakeholders. The collective product bundle positions us as an industry leader throughout North America. We are proud to be the newest member of HBG and we look forward to growing together in the future.”

About Hospeco
Founded in 1919, Hospeco Brands Group (HBG) is a Cleveland, Ohio-based manufacturer of jansan and personal care products and equipment. For more information, visit www.hospeco.com.

About Monarch Brands
Formerly A & B Wiper Supply Inc., Monarch Brands is a Philadelphia-based manufacturer of professional wipes and linens for the hospitality, institutional, and industrial markets. For more information, visit www.monarchbrands.com.