Make it a dozen.
Bellmawr-based Imperial Dade announced its 12th acquisition Tuesday, taking ownership of Central Paper Products Co. Inc.
The Manchester, New Hampshire, company distributes paper, plastic, janitorial and office products.
For Imperial Dade, the acquisition of Central Paper represents a strategic initiative to further penetrate the New England region and expand its footprint.
“Central Paper’s exceptional reputation in the industry, dedicated customer service and strong community presence align tremendously well with the Imperial Dade platform,” said CEO Robert Tillis. “We enthusiastically welcome the Central Paper team members to Imperial Dade and look forward to working together to grow the business further.”
Central Paper President Matt Kfoury said his family has built a lasting legacy over the past 70 years.
“We are confident this legacy will continue under the leadership of Imperial Dade,” he said. “My brother Fred, my sister Chris and I are excited and looking forward to expanding and growing the business in New England.”
“Our vision is to expand our reach, both through organic growth and strategic acquisitions of market-leading companies and operators,” Imperial Dade President Jason Tillis said. “The acquisition of Central Paper is another step in Imperial Dade’s strategy to establish our position as the nation’s premier provider of foodservice disposables, paper products, and janitorial supplies.”