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Pacon Corporation Acquires Assets of The Chenille Kraft Company

Pacon Corporation Acquires Assets of The Chenille Kraft Company
Acquisition enhances Pacon’s Arts and Crafts product offering

APPLETON, WI (Jan. 12, 2016) – Pacon Corporation, a leading global supplier of education, arts and crafts products, announced today that it acquired the assets of The Chenille Kraft Company. Under the terms of the agreement, Pacon acquired Chenille Kraft’s inventory and trade names.

The Chenille Kraft Company served the education market with a wide range of arts and crafts products, including WonderFoam®, Creativity Street®, Chenille Stems, Felt Sheets and many other accessories.

With the acquisition of Chenille Kraft, Pacon now offers customers an extensive line of arts and crafts products, strengthening its ability to be a single-source supplier for educational aids, paper products and arts and crafts.

“We are excited to expand our arts and crafts category through this acquisition,” said Jim Schmitz, President/CEO of Pacon Corporation. “These additional products support our mission to enable and inspire lifelong learning, imagination and artistry by delivering a complete product category offering. The Chenille Kraft Company has many loyal customers, and the entire Pacon team is looking forward to providing them with great customer service, product quality and assortment.”

Chenille Kraft’s inventory and equipment will be moved to Pacon’s facilities in Appleton, Wisconsin. Financial details of the transaction were not disclosed.

About Pacon Corporation
Pacon provides a wide range of educational aids, paper products, and arts and crafts materials. Since 1951 teachers have relied on our products to help them create stimulating learning environments for their students. From handwriting papers to stylish classroom décor, we are committed to offering innovative products to enable and inspire teachers and students. 

Kristin Gehrke
Pacon Corporation
(920) 750-6734

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