Inkwell Merges With New York Distributor
May 5, 2009
Inkwell Global Marketing (asi/231120) announced on Friday that Evergreen Corporate Gifts and Apparel (asi/190427) has joined the company. No financial terms of the deal were disclosed. "The deal is one that is good for both companies," says Steven Marder, president of Inkwell. "Denise Green and her team will be a valuable addition to Inkwell."
Inkwell is based out of Manalapan, NJ, while Evergreen resides in New York City. Evergreen will stay in its current office until August or September, and will then move into Inkwell's New York offices. Ed Marder, vice president of Inkwell, confirms that all of Evergreen's employees will be joining Inkwell, and that the company will operate as a division of Inkwell under the name of Evergreen Gifts and Promotions. "Inkwell is an excellent match for us," says Evergreen President Green. "Our clients will appreciate the additional service and facilities that Inkwell provides."
Inkwell's most recent reporting of company revenues to ASI's CreditConnect service was $19 million in overall annual sales and $13 million in ad specialty industry sales.