NEW CORPORATE REGISTRATION
Krumwiede Group announces it is now a registered South Carolina corporation. Corporate personnel and staff will be receiving correspondence at the new address:
3690 Bohicket Suite 4D, Johns Island, SC 29455
Krumwiede Group announces it has sold its investment in Office Snax, LLC effective January, 2015. In just over 4 years,
the Office Snax entity doubled in value and successfully sold at a multiple of over four times EBITA. The new entity:
OSX Acquisition, LLC a Private Equity owned distributor dba as Office Snax, serves the Breakroom Category of the Office Products Industry.
B12 Capital Partners of Kansas City, MO purchased a Majority Interest in Office Snax, LLC in January 2015.
They are focused on growing the 14 year old distributor from $10 to $20 million in revenue. Krumwiede Group has retained a minority position in the new Entity.