Financial News
Imperial Dade Acquires Regional Distributors, Inc. Expands Coverage in New York
Transaction Represents 88th Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products
Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced the acquisition of Regional Distributors, Inc. (the “Company”). The transaction represents the 88th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed.
David and Tracy Scalen founded Regional Distributors in 1994 and operate with ‘Service Beyond Expectations’ and are relentlessly focused on their mission of providing “the highest level of quality and service to our customers.” The Company can point to its long tradition of success satisfying customers from a diverse range of markets who trust Regional Distributors to deliver the efficient solutions they need and the exceptional service they deserve. By leveraging Imperial Dade’s market leading platform, Regional Distributor’s customers can expect the same exceptional customized service coupled with an even more diversified offering of products and solutions.
“Regional Distributors and Imperial Dade share the same family culture and customer and associate centric focus, which makes it a great addition to the Imperial Dade platform,” said Robert Tillis. “I would like to enthusiastically welcome David, Tracy, and the entire Regional Distributors family to Imperial Dade. We are excited to bring forth added capabilities and further grow our presence across upstate New York,” said Jason Tillis.
"The legacy which has been built by the loyal and dedicated employees at Regional Distributors will provide a great foundation for continued growth. We are excited to join Imperial Dade as their resources and support will allow us to strengthen customer and supplier relationships,” said David and Tracy Scalen, founders and owners of Regional Distributors, Inc.
About Imperial Dade
Founded in 1935, Imperial Dade serves more than 120,000 customers across North America. Since Chairman Robert Tillis and CEO Jason Tillis assumed their roles in 2007, the company has grown both organically and through acquisitions to become a leader in the foodservice, packaging, and janitorial supplies industry. For additional information, please visit www.imperialdade.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240531899281/en/
Contacts
Imperial Dade
Paul Cervino
(201) 437-7440 x 2302
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