Transaction Represents 44^th 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 American Paper & Twine (“APT” or the “Company”). The transaction represents the 44^th 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 Nashville, TN, APT is a leading distributor of janitorial, packaging, food service, safety and office products run by Bob Doochin and Karen Doochin Vingelen. With 95 years of experience, the Company has built a strong reputation for its knowledgeable sales force, wide breath of products, and high touch customer service.

The addition of APT will significantly strengthen Imperial Dade’s existing presence in the Southeast, help better reach customers coast-to-coast, and solidify its position as the national leader in specialty distribution. By leveraging Imperial Dade’s market leading platform, APT customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions.

"APT's storied history in the industry and exceptional customer service make it a great addition to the Imperial Dade platform. We enthusiastically welcome the Doochin family, and the APT team members to our family,” said Robert Tillis. "We look forward to partnering with APT and continuing to provide customers with a world-class value proposition and service offering. This acquisition is the next step in our ability to serve customers coast to coast as a national distributor," said Jason Tillis.

"The legacy we have built here at American Paper & Twine over the past 95 years will provide a great foundation for growth for Imperial Dade in our region. With the added resources by combining with Imperial Dade, we will be able to continue to provide exceptional customer service while accelerating the growth we have experienced in recent years," said Karen Doochin Vingelen, President and COO of APT.

About Imperial Dade

Founded in 1935, Imperial Dade serves more than 80,000 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/20211202005629/en/