Unisource / Xpedex
To Our Valued Suppliers:
We would like to advise you personally that Unisource is in talks with International Paper
regarding a possible business combination of Unisource with International Paper’s xpedx
distribution business. Unisource initiated the dialogue, and the parties subsequently signed a
non-binding letter of intent with respect to a potential transaction.
Both Unisource and xpedx are recognized industry leaders that share the goal of serving
customers by delivering the quality products and solutions they need, when and where they
need them. Combining our companies would allow us to expand our geographic reach to
important regions of the world, while improving our supply chain and creating a more capable
and efficient channel to market for our suppliers.
Unisource will continue doing business as usual until the proposed transaction is closed, so
please continue to work with your current contact and do business with us as you have been.
The current talks could result in an agreement to combine the two companies, but if no
agreement on the transaction can be reached, Unisource will remain a private company.
Please understand that since no agreement has been reached, we are not in a position to
discuss any specifics of a possible business combination. Rest assured we will keep you and
your company abreast of plans going forward as new information becomes available and as we
are in a position to discuss them.
Thank you as always for your services and the support you provide us in meeting the needs of
our customers. We look forward to continuing our partnership. If you have comments or
concerns you’d like to share, you can reach me via email at
CEO Unisource Worldwide, Inc.