New Jersey-based Imperial Dade announced Monday it has acquired Central Paper Products Co. Inc.
This transaction is Imperial Dade’s 12th under the leadership of Robert Tillis and Jason Tillis, CEO and president of Imperial Dade, respectively.
Central Paper Products, a distributor of paper, plastic, janitorial and office products, is based in Manchester, New Hampshire. It serves the northern New England markets in New Hampshire, Massachusetts, Vermont and Maine.
“Central Paper’s exceptional reputation in the industry, dedicated customer service, and strong community presence align tremendously well with the Imperial Dade platform,” Robert Tillis said. “We enthusiastically welcome the Central Paper team members to Imperial Dade and look forward to working together to grow the business further.”
Matt Kfoury, president of Central Paper, said, “The Kfoury family has built a lasting legacy in Central Paper over the past 70 years. We are confident this legacy will continue under the leadership of Imperial Dade. My brother Fred, my sister Chris and I are excited and looking forward to expanding and growing the business in New England.”
“Our vision is to expand our reach both through organic growth and strategic acquisitions of market leading companies and operators,” Jason Tillis said. “The acquisition of Central Paper is another step in Imperial Dade’s strategy to establish our position as the nation’s premier provider of foodservice disposables, paper products, and janitorial supplies.”
Financial terms were not disclosed.