Dade Paper & Bag has signed an agreement to merge with Imperial Bag & Paper, in a bid to expand the business operations.
The combined revenues of the US firms will be around $1bn per annum. The deal is expected to be completed in the next month.
Dade is engaged in the distribution of food packaging, paper products, foodservice disposables, and janitorial and sanitary supplies to the customers, while Imperial is involved in the distribution of disposable food service and janitorial supplies.
Based in Miami of Florida, Dade supplies foodservice disposables and janitorial products to the restaurants, supermarkets, cruise lines, hotels and motels, schools, convention centers, stadiums, and other foodservice establishments.
Dade Paper offers foodservice disposable products and, as well as grocery and bakery packaging products from various manufacturers.
It provides disposable products for the bakery sector, bags, aluminum products, bowls, boxes, containers, cups and others.
Based in Jersey City of New Jersey, Imperial distributes disposable food service and janitorial products to the supermarkets, schools, grab-n-go convenience stores and retailers.
Imperial produces disposable products for bakery sector, bags, juice bottles, bowls and lids, containers and lids, cups lids and straws and other products.
The company also manufactures janitorial products, including bags and liners, chemicals, paper products, tape and twine products and others.
Dade COO Frank Sansone said: “The combined company’s culture and commitment to growth provide a great work environment and career advancement opportunities for our team throughout our combined footprint."
Imperial CEO Robert Tillis said: “The partnership with the Dade organization will significantly expand our reach into the Southeast and Mid-Atlantic markets, allowing us greater geographic coverage and ability to serve a broad customer base.”