Dade Paper & Bag Co. has signed a definitive agreement to combine with Imperial Bag & Paper Co., LLC (“Imperial”). The combined business will have total revenues over $1 billion. The transaction is expected to close in June.
"The partnership with the Dade organization will significantly expand our reach into the Southeast and Mid-Atlantic markets, allowing us greater geographic coverage and ability to serve a broad customer base," stated Robert Tillis, Imperial CEO.
Dade Paper & Bag Co. is a leading distributor of food packaging, paper products, foodservice disposables, and janitorial & sanitary supplies based in Miami, Florida.
Imperial Bag & Paper Co., LLC is one of US leading distributors of disposable food service and janitorial supplies.