Imperial Dade Canada Adds Scale in Québec, Acquires Solutions Sherby

Transaction Represents 61^st Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products

JERSEY CITY, N.J. & GRANBY, Québec--(BUSINESS WIRE)--Imperial Dade, a leading distributor of foodservice packaging, printing papers and janitorial supplies, today announced the acquisition of Solutions Sherby (“Solutions Sherby” or the “Company”). The transaction represents the 61^st 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.

Founded in 1989, Solutions Sherby has established an outstanding reputation in Granby, Magog and Trois-Rivières. In 2004 Denis Forand joined and further strengthened the Company with his leadership and expertise. Solutions Sherby’s industry knowledge and expertise has contributed to its continued growth, focusing on its core offering of product solutions across janitorial sanitation, industrial packaging and health and safety. By leveraging Imperial Dade Canada’s market leading platform, Solutions Sherby customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions.

"I’d like to enthusiastically welcome the entire Solutions Sherby team to Imperial Dade. Solutions Sherby’s commitment to providing superior customer experiences will support our growth initiatives throughout Canada," said Jason Tillis, CEO of Imperial Dade.

"I am excited to work with Denis and his team to bring the best products and services to our customers and further expand our reach in Québec," said Stephane Lapointe, President of Imperial Dade Canada.

“On behalf of the Solutions Sherby team, we are thrilled to be joining the Imperial Dade platform. Their distinct value proposition and expansive relationships throughout the industry will help us better serve our customers and support our continued growth," said Denis Forand, owner of Solutions Sherby.

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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, industrial packaging, and janitorial supplies industry. For additional information, please visit www.imperialdade.com.