Imperial Bag & Paper Co., LLC (“Imperial”), the largest single-location food service and janitorial supplies distributor in the United States, announced the acquisition of Goldman Paper Co Inc. While Imperial and Goldman will continue to operate under their respective names and managerial staff, the combined businesses are expected to generate in excess of $375 million in annual revenue and operate from more than a half million square feet of distribution space.
“We are continuing to look for strategic acquisitions to focus on our growth plan in order to continue to offer Imperial's high level of service to our ever growing customer base.”
“This acquisition was a step in efficiency for Imperial as our goal is to deliver the same service and quality to all customers throughout the Northeast,” said Jason Tillis, President of Imperial. “We welcome the Goldman staff to the Imperial team.”
Robert Tillis, CEO of Imperial, stated, “The acquisition of Goldman Paper will take Imperial’s capabilities and efficiencies to the New England area as we continue to strive to be the most responsive and knowledgeable foodservice, disposables and janitorial supplies distributor in the country.
“We are continuing to look for strategic acquisitions to focus on our growth plan in order to continue to offer Imperial's high level of service to our ever growing customer base.”
"We look forward to being able to provide the same service along with a newly expanded variety in product offerings to the existing Goldman customer base," said Barry Goldman, President of Goldman.
Goldman Paper is Imperial’s seventh acquisition since CEO Robert Tillis bought the 80-year-old company in 2007.