Imperial Dade Canada Adds Scale in Canada, Acquires Canpaco, Inc.
May 15 2024 - 9:14AM
Business Wire
Transaction Represents 87th Acquisition for
Leading Distributor of Foodservice Packaging and Janitorial
Sanitation Products
Imperial Dade, a leading distributor of foodservice packaging,
printing papers and janitorial supplies, today announced the
acquisition of Canpaco, Inc., Crystal Poly Converters, Arcadian
Paper Converters, Inc., and Canadian Paper & Packaging Co. LTD
(together “Canpaco” or the “Company”). The transaction represents
the 87th acquisition for Imperial Dade under the leadership of
Robert and Jason Tillis, Chairman and CEO of Imperial Dade,
respectively. Financial terms of the private transaction were not
disclosed. Imperial Dade remains committed to the strategic focus
created more than 15 years ago to continue to grow both through
organic initiatives and a disciplined acquisition process.
Canadian Paper & Packaging Co. Ltd. (CPP) and Arcadian Paper
Converters Inc. established in 1936 and 1960 respectively, owned
and operated by Robert Appel, Brian Charney and John Taylor have
strived to meet and exceed customer expectations in the Quebec
marketplace complementing the shared values of Canpaco. Canpaco
prides itself on their commitment to make their customers the most
competitive and innovative in their respective industries. Owned
and operated by Robert Appel, Canpaco provides its customers
critical value-added services and access to a diversified product
while reducing environmental packaging waste. The Company focuses
on customer service and fostering a strong culture amongst its
employee base. By leveraging Imperial Dade Canada’s market leading
platform, Canpaco customers can expect the same exceptional
customized service coupled with an even greater offering of
products and solutions.
"Imperial Dade continues to expand its presence across Canada,
and we are looking forward to continuing together in our mission to
organically grow and provide unmatched customer service throughout
North America," said Jason Tillis, CEO of Imperial Dade. "I
enthusiastically welcome the Canpaco family to Imperial Dade
Canada. Now together, we look forward to building upon already
established success and continuing to find ways to better serve our
customers and vendor partners," said Stephane Lapointe, President
of Imperial Dade Canada.
“The Canpaco family is excited to join a platform that is
aligned with us in our approach to customer service. Imperial
Dade's breadth of products and services make them the perfect
partner,” said Robert Appel, Founder and CEO of Canpaco, Inc.
About Imperial Dade
Founded in 1935, Imperial Dade serves more than 120,000
customers across North America. Since Chairman Robert Tillis and
CEO Jason Tillis assumed their roles in 2007, the company has grown
both organically and through acquisitions to become a leader in the
foodservice packaging, industrial products and janitorial supplies
industry. For additional information, please visit
www.imperialdade.com.
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