Dade Paper has entered into a definitive agreement to combine with Imperial Bag & Paper Co., LLC.
“The strategic decision to partner with Imperial will greatly benefit our customers and employees,” said Frank Sansone, chief operating officer of Dade Paper.
“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,” stated Robert Tillis, Imperial Bag CEO.
Financial terms of the merger, which is expect to be finalized next month, were not disclosed.
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Posted On May 24, 2017
