Jersey City-based Imperial Dade announced it acquired Palm Paper Supply of Tampa, Florida.
Palm Paper is a market leading distributor of foodservice and janitorial sanitation products, owned and operated by Kenny Narum and Bob Tait. In partnership with Imperial Dade’s market-leading platform, Palm Paper’s customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions.
“We are fortunate to be able to partner with the exceptional team at Palm Paper. We are excited to begin our partnership in this next stage of growth and offer new and existing customers in the greater Tampa region the same customer service and attention,” Robert Tillis, Imperial Dade chairman, said.
“We are thrilled to have Kenny and Bob continue to drive growth in the region; the whole team at Palm Paper is a great addition to our national platform at Imperial Dade,” Imperial Dade CEO Jason Tillis stated.
The transaction represents the 52nd acquisition for Imperial Dade under the leadership of the Tillises. Financial terms of the private transaction were not disclosed.