St. Cloud-based Marco, Inc., has inked a deal to sell its office furniture division, Marco Workplace Interiors, to Duluth-based Northern Business Products, according to a report by the St. Cloud Times.
The deal-the terms of which were not disclosed-was finalized on Thursday. The 13 workers who were previously employed by Marco Workplace Interiors will reportedly continue to work out of its existing location in St. Cloud.
Marco CEO Jeff Gau told the St. Cloud newspaper that the furniture division accounted for roughly 5 percent of the company's overall sales.
Marco specializes in data networking and security, converged voice applications, print and document management, video for training and meeting rooms, digital signage, and digital video surveillance solutions.
Northern Business Products operates several locations throughout Minnesota, including Duluth, Hibbing, and Willmar, as well as a couple of locations in Wisconsin, according to its Web site.