APPLETON, Wisconsin -- Pacon Corporation said this week that it has completed the acquisition of the assets of Roselle Paper Co. Inc. Under the terms of the agreement, Pacon acquired Roselle's equipment, inventory and trade names.

Roselle's assets and operations will be consolidated with Pacon's facilities in Appleton, Wisconsin and Barrie, Ontario, Canada. Financial details of the transaction were not disclosed.

With the addition of Roselle, Pacon said it now brings customers a more complete line of products, strengthening its ability to be a single source of supply for education and art products. Coupled with Pacon's advanced manufacturing and system technologies, customers can be confident in the company's ability to deliver the best overall value, products of the highest quality and outstanding customer service.

According to Jim Schmitz, President/CEO of Pacon Corporation, "Key to Pacon's mission is our ability to inspire lifelong learning, imagination and artistry by bringing our customers innovative and inspirational products and providing exceptional customer service. Roselle has filled an important niche in the market and has a strong history of delivering value to its customers. The entire Pacon team is committed to leveraging this strong foundation to bring even greater value to all of our customers."

Founded in 1964, Roselle is a producer of school, office and art products. The company serves the market through retailers, school distributors and wholesalers.