Imperial Dade Canada Adds Scale in Quebec, Acquires Eugene Allard Produits d’Emballage et d’Entretien

Transaction Represents 73^rd Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products

JERSEY CITY, N.J. & JONQUIÈRE, Quebec--(BUSINESS WIRE)--Imperial Dade, a leading distributor of foodservice packaging, printing papers and janitorial supplies, today announced the acquisition of Eugene Allard Produits d’Emballage et d’Entretien, a division of the Eugene Allard family of companies (“Eugene Allard” or the “Company”). The transaction represents the 73^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. 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 1933, Eugene Allard Produits d’Emballage et d’Entretien has a 90-year operating history as a leading distributor of paper goods, packaging materials, and other safety and janitorial products. Led by its 3^rd generation, Eugene Allard Produits d’Emballage et d’Entretien remains an integral part of the Quebec market providing mission critical products to its end customers. The Company focuses on customer service and its three locations in Quebec ensure timely and accurate deliveries. By leveraging Imperial Dade Canada’s market leading platform, Eugene Allard Produits d’Emballage et d’Entretien customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions.

"Eugene Allard Produits d’Emballage et d’Entretien has a long history of outstanding customer service and core values that align with Imperial Dade. I would like to enthusiastically welcome everyone to the Imperial Dade family," said Jason Tillis, CEO of Imperial Dade. "I am excited for the opportunity to partner with Eugene Allard Produits d’Emballage et d’Entretien’s team to further grow our business and continue to deliver high-quality solutions and services to our customers," said Stephane Lapointe, President of Imperial Dade Canada.

“We are excited about the future of Eugene Allard Produits d’Emballage et d’Entretien 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 Jean-Denis Allard, CEO of Eugene Allard Produits d’Emballage et d’Entretien.

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