Imperial Dade, a prominent distributor of foodservice packaging supplies, industrial products, and janitorial supplies, has officially disclosed its acquisition of Prime Paper & Packaging ("Prime"). This strategic move marks the 71st acquisition orchestrated by Robert and Jason Tillis, who hold the positions of Chairman and CEO of Imperial Dade, respectively. The financial details of this private transaction remain undisclosed.

Prime Paper & Packaging, an establishment nurtured by the Farah family, stands as a distinguished distributor of foodservice, industrial, and janitorial products serving the Southern California region. Renowned for its exceptional reputation in the market, the company continues to prioritize customer service with unwavering dedication, preserving the same ethos since its inception. By capitalizing on Imperial Dade's dominant market presence, Prime's customers can anticipate the continuation of exceptional customized service, now complemented by an even broader array of products and solutions.

Robert Tillis expressed the synergy between Prime Paper & Packaging and Imperial Dade, stating, "Prime Paper & Packaging is a great strategic fit with Imperial Dade. Their relentless focus on customer service aligns well with Imperial Dade." Jason Tillis also extended a warm welcome to the Prime family and its employees, expressing enthusiasm for the partnership.

Fred Farah, President of Prime Paper & Packaging, conveyed his sentiments, saying, "The Prime family is humbled to become part of Imperial Dade, the leading distribution platform across North America. We share the same core values and focus on our employees and customers and could think of no better fit." This acquisition signifies a harmonious union of values and objectives, promising continued excellence in customer service and business operations.

 

Source:businesswire.com

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