National Pen Purchases Atlas Pen & Pencil

National Pen Company, San Diego, Calif., has acquired distributor Atlas Pen & Pencil of Hollywood, Fla. Both companies will continue to operate as separate entities under their respective company names and brands.

Of the acquisition, Rich Schulte, National Pen CEO, said: “National Pen has been growing steadily for several years now and intends to continue its growth, both organically and through carefully chosen adjacent acquisition opportunities. Both companies have long traditions in the direct marketing of promotional products; yet our customer base overlaps very little.”