Imperial Dade Adds Scale in Southeast, Acquires Dees Paper Company

Transaction Represents 54^th Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products

JERSEY CITY, N.J. & MOBILE, Ala.--(BUSINESS WIRE)--Imperial Dade, a leading distributor of foodservice packaging and janitorial supplies, today announced the acquisition of Dees Paper Company (“Dees” or the “Company”). The transaction represents the 54^th 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.

Dees is a market leading distributor of janitorial sanitation and foodservice products. Owned and operated by Monty Dees, 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, Dees’ customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions.

"I enthusiastically welcome the Dees family to Imperial Dade. Dees has a loyal customer base and a laser focused commitment to providing an unparalleled customer experience, making the business a great addition to our family." said Robert Tillis. "I am excited for the opportunity to partner with Dees’ team to further grow our business and continue to deliver high-quality solutions and services to our customers," said Jason Tillis.

"We are excited about the future of Dees under the leadership of Imperial Dade. Our values and cultures align, and I could not have imagined a better next chapter for the Dees customers and employees." said Monty Dees, owner and CEO of Dees Paper Company.

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.