Victor Technology, LLC Acquires Officemate International Corporation (OIC)
Bolingbrook, IL February 6, 2020 – Victor Technology, a North American leader in business products since 1918, announced today its acquisition of the assets of Officemate International Corporation (OIC) of Edison, New Jersey. Officemate is a leading provider of paper clips, binder clips, clip boards, letter trays, and other office organization solutions. The combination of Victor Technology and Officemate advances Victor’s strategy of growing through product innovation while leveraging its core capabilities, relationships, and infrastructure to enhance scale and relevancy in the business supplies channel.
“We are excited to join forces with the Officemate team. Officemate has an incredible history of product innovation and customer satisfaction” notes Jordan Feiger, CEO of Victor Technology. “The two companies have many common customers. The Officemate product offering is a great complement to Victor’s lineup of calculators, standing desk products, desk accessories and E-Z read rulers.”
In recent years, Victor has enjoyed substantial growth with the launch of its High Rise collection of standing desk converters. The award-winning electric lineup was recently expanded to include a three-monitor version.
With the sale, long-time owners Peter and Sue Chen will retire. Officemate, LLC, a new wholly-owned subsidiary of Victor Technology LLC, will continue operating out of Edison, New Jersey.
About Victor Technology, LLC
Victor Technology, LLC is an American-owned and operated branded supplier of standing desks, desktop organization, and Victor and Sharp calculators. Victor distributes its products throughout the U.S., Canada, and Latin America to office supply, furniture, mass market and internet retailers. For more information, visit www.victortech.com or call 1-800-628-2420.
About Officemate International Corporation
Officemate International Corporation (OIC) is a leading manufacturer of office products with over 35 years of experience in the office products industry. The company is a U.S. manufacturer with its own facility in New Jersey and is proud to be the vendor of choice for both Officemate and Private Label brands to hundreds of office products distributors and retailers worldwide. Officemate has over 135 patents covering hundreds of products including the recently launched and hot selling dual-sided clipboard storage box. For more information visit www.officemate.com.