SIGMA SUPPLY OF NORTH AMERICA
CONTACT: SCOTT HAMBY
(501) 760-4406 EXT. 3109
FOR IMMEDIATE RELEASE
SIGMA SUPPLY ACQUIRES MUNRO & COMPANY DISTRIBUTION CENTER
Hot Springs, AR (January 26, 2022) – Sigma Supply of North America, a nationally-based distributor of packaging supplies and equipment headquartered in Hot Springs, Arkansas, announced that they have acquired the distribution center of Munro & Company, Inc., who specialize in women’s footwear.
The purchase of the center, based in Hot Springs and located at 3770 Malvern Road, is comprised of approximately 29 acres and two primary buildings totaling over 136,00 square feet and will benefit both Sigma Supply and Munro. Sigma Supply had negotiated to lease a portion of the main building earlier in 2021. This move led to advancements in the relationship that initiated the purchase of the property. Sigma’s current plans are to continue the use of their previously-leased section of the main facility for their own distribution needs, allowing Munro & Company to continue their operations with no additional adjustments.
The fields located on the south side of the property, currently being utilized by the non-profit organization Hot Springs Soccer Association, will also be able to continue serving the community with no changes scheduled for the near term.
“It is an honor and a privilege to have the opportunity to purchase such an iconic building,” said Scott Hamby, on behalf of the family. Scott and Banks Hamby started their careers with Lake Catherine/Munro & Company, providing them with packaging items for over 30 years.
While Sigma Supply is not planning on changing much within the interior functions, they are investing a lot of capital into the exterior. Scott Hamby has announced that there will be improvements to the structure to restore the building to its former glory in the coming months.
Additional acquisitions from Sigma Supply in 2021 included Sabine Packaging, located in Orange, Texas.
As of today, Sigma Supply of North America operates 18 facilities around the United States. However, their corporate base of operations is still Hot Springs, Arkansas. “Sigma is so glad to be able to expand into Garland County. With this addition, we will be able to move inventory from Northwest Arkansas and create more jobs in our community,” added Scott Hamby.
Email firstname.lastname@example.org to learn more about this acquisition.
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