Australia markets close in 18 minutes
  • ALL ORDS

    7,101.70
    +22.80 (+0.32%)
     
  • ASX 200

    6,815.30
    +14.90 (+0.22%)
     
  • AUD/USD

    0.7740
    +0.0024 (+0.31%)
     
  • OIL

    52.27
    0.00 (0.00%)
     
  • GOLD

    1,854.00
    -2.20 (-0.12%)
     
  • BTC-AUD

    43,201.98
    -157.18 (-0.36%)
     
  • CMC Crypto 200

    677.32
    +67.33 (+11.04%)
     
  • AUD/EUR

    0.6353
    +0.0017 (+0.27%)
     
  • AUD/NZD

    1.0734
    -0.0003 (-0.03%)
     
  • NZX 50

    13,399.10
    +65.67 (+0.49%)
     
  • NASDAQ

    13,366.40
    -38.59 (-0.29%)
     
  • FTSE

    6,695.07
    -20.35 (-0.30%)
     
  • Dow Jones

    30,996.98
    -179.02 (-0.57%)
     
  • DAX

    13,873.97
    -32.73 (-0.24%)
     
  • Hang Seng

    30,057.01
    +609.16 (+2.07%)
     
  • NIKKEI 225

    28,726.17
    +94.72 (+0.33%)
     

Imperial Dade Acquires Great Southwest Paper, Further Extending Reach in Texas

·2-min read

Transaction Represents 29th Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Products

Imperial Dade, a leading distributor of food service packaging and janitorial supplies, today announced the acquisition of Great Southwest Paper Company, Inc. ("Great Southwest"). The acquisition strengthens Imperial Dade’s Texas presence while enhancing the company’s differentiated value proposition to customers in the region. The transaction represents the 29th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, CEO and President of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed.

Headquartered in Houston, Texas, Great Southwest is a leading distributor of janitorial products owned and operated by the Vannatta family. With nearly 40 years of experience, the company has built a strong reputation for its knowledgeable sales force, wide breath of products, and high touch customer service. By leveraging Imperial Dade’s market leading platform and existing Texas presence, Great Southwest customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions.

"Great Southwest and the Vannattas’ commitment to their customers and partners, along with their family operated culture, makes the business a great addition to the Imperial Dade platform," said Robert Tillis. "We are excited to increase our scale in Texas and look forward to partnering with the Vannatta family to capitalize on the many growth opportunities that we see ahead for the business," said Jason Tillis.

"Imperial Dade is the market leader with a strong culture and differentiated service quality. We are excited for the opportunity to expand our business and better serve our customers as part of the Imperial Dade platform," said Mike Vannatta, owner and CEO of Great Southwest Paper Company.

About Imperial Dade

Founded in 1935, Imperial Dade serves more than 50,000 customers across the United States and Puerto Rico. Since CEO Robert Tillis and President Jason Tillis assumed their roles in 2007, the company has grown both organically and through acquisitions to become a leader in the food service packaging and janitorial supplies industry. For additional information, please visit www.imperialdade.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201201005845/en/

Contacts

Imperial Dade
Paul Cervino
(201) 437-7440 x 2302