Imperial Dade Adds Scale in Puerto Rico, Acquires International Sales & Marketing

Transaction Represents 53^rd Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products

JERSEY CITY, N.J. & CATAÑO, Puerto Rico--(BUSINESS WIRE)--Imperial Dade, a leading distributor of foodservice packaging and janitorial supplies, today announced the acquisition of International Sales & Marketing (“ISM” or the “Company”). The transaction represents the 53^rd 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.

ISM is a market leading distributor of foodservice and janitorial sanitation products. Owned and operated by Eduardo Lopez, the Company continues its legacy and is known for its knowledgeable sales force, wide breadth of products, and high touch customer service. Now in partnership with Imperial Dade’s market leading platform, ISM’s customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions.

"Eduardo runs a fantastic company, and operates with similar values to that of Imperial Dade. I welcome everyone to the Imperial Dade family and greatly look forward to working with the entire team at ISM," said Robert Tillis. “I am excited for the opportunity to partner with the ISM team to further grow our business in a key market and am confident new and existing customers will benefit from our companies joining together," said Jason Tillis.

"I am excited about the future of ISM under the leadership of Imperial Dade. Our customers will receive the same outstanding service they have come to expect from us and a significantly expanded product offering," said Eduardo Lopez, owner and CEO of International Sales & Marketing.

About Imperial Dade

Founded in 1935, Imperial Dade serves more than 90,000 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 food service packaging and janitorial supplies industry. For additional information, please visit www.imperialdade.com.