Imperial Dade, a leading distributor of foodservice packaging, printing papers, and janitorial supplies, announced the acquisition of Canpaco, a Canadian company in the same industry.
This strategic move strengthens Imperial Dade's foothold in the Canadian market, allowing them to leverage Canpaco's established presence and expertise.
The acquisition, finalized on May 15, 2024, marks Imperial Dade's 87th under the leadership of Chairman Robert Tillis and CEO Jason Tillis. Financial details of the private transaction were not disclosed.
"Imperial Dade continues to expand its presence across Canada," said Jason Tillis, CEO of Imperial Dade. "We are excited to join forces with Canpaco in our mission to deliver unmatched customer service throughout North America."
Canpaco, known for its commitment to exceptional customer service and a diversified product range, aligns perfectly with Imperial Dade's core values. The acquisition will allow Canpaco customers to benefit from Imperial Dade's wider range of products and solutions while maintaining their existing level of service.
"The Canpaco family is thrilled to join a platform that shares our dedication to customer service," said Robert Appel, Founder and CEO of Canpaco, Inc. "Imperial Dade's extensive product portfolio makes them the ideal partner for us."
Stephane Lapointe, President of Imperial Dade Canada, echoed the sentiment, expressing his enthusiasm about welcoming Canpaco and leveraging their combined strengths. "Together, we look forward to building upon our success and continuously finding ways to better serve our customers and vendor partners," he said.
