CLOVER ACQUIRES OFFICE PRODUCTS RECYCLING ASST'S (OPRA)

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Date: Friday May 20, 2011 12:35:15 pm
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    CLOVER ACQUIRES OFFICE PRODUCTS RECYCLING ASSOCIATES (OPRA)

    CHICAGO, IL  – Today, Clover Holdings, Inc., the world’s leading provider of vertically integrated, closed-loop.environmental solutions, announced the acquisition of Office Products Recycling Associates (OPRA). The acquisition of OPRA enables Clover to better support the growth of its collection business and meet increased market demand. Based in Kansas City, Missouri, OPRA has been an industry leader in the collections and selling of empty toner cartridges, inkjet cartridges, cell phones and other small electronics since 1995. Clover’s partnership with OPRA will provide greater coverage and ensure the industry’s most comprehensive and efficient collection programs.

    Jim Cerkleski, CEO of Clover Holdings, had this to say about the OPRA acquisition, “The acquisition of OPRA demonstrates Clover’s continued diversification of our collection programs to advance our long-term growth strategies. We are excited about this new partnership. OPRA’s unique reverse logistics collection programs coupled with Clover’s already robust product and services offering further solidify Clover’s evolution into a vertically integrated solutions provider.” Tom Cameron, President and Founder of OPRA, commented, “OPRA is absolutely thrilled to become part of the industry leading Clover team. Our partnership with Clover will enable OPRA to both provide even better service to our collection partners while expanding our business into new locations and new products.” OPRA will operate independently in the market and will continue to service its customers. Both Clover and OPRA remain relentlessly committed to providing best-in-class customer support and the highest levels of service in the industry.

    About Clover Holdings, Inc.
    Clover Holdings, Inc. is the global leader in providing vertically integrated, closed-loop environmental solutions, including the recycling and remanufacturing of imaging supplies. Founded in 1996 and with an annual revenue of over $550 million, Clover is one of the fastest growing, privately held companies in the United States. Clover is also the world’s largest collector and recycler of empty ink and toner.cartridges in the aftermarket imaging supplies industry and provides comprehensive recycling services for small electronics including cell phones. The complete line of Clover’s quality imaging supplies is available through industry leading resellers and wholesalers and marketed under a variety of private label brands. To learn more, visit http://www.clovertech.com.

    About OPRA
    Since 1995, Office Products Recycling Associates (OPRA) has been a worldwide leader in creating new opportunities to keep products out of landfills and back into the hands of consumers. Headquartered in Kansas City, Missouri, OPRA specializes in the collections and selling of empty toner cartridges, inkjet cartridges, cell phones and other small electronics. To learn more, please visit http://www.oprausa.com

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