Imperial Dade Acquires Advance Shipping Supplies, Expanding its Presence in Ontario
Imperial Dade, a leading distributor of foodservice packaging, printing papers, and janitorial supplies, has announced the acquisition of Advance Shipping Supplies. This transaction marks the 75th acquisition for Imperial Dade under the leadership of Chairman Robert Tillis and CEO Jason Tillis. The financial terms of the private transaction were not disclosed. The acquisition aligns with Imperial Dade's strategic focus on organic growth and disciplined acquisition processes.
Strengthening Distribution in Ontario
Advance Shipping Supplies, founded in 1985, has a 38-year operating history as a prominent distributor of industrial supplies, packaging materials, and janitorial products. Led by founder Dave Waite, Advance is a key supplier in the Ontario market, known for its commitment to customer service and timely deliveries. The acquisition allows Imperial Dade to leverage its market-leading platform and offer an expanded range of products and solutions to Advance's loyal customer base.
Achieving Growth and Customer Service Excellence
Imperial Dade's CEO, Jason Tillis, welcomes the Advance family to the company and emphasizes their shared commitment to providing exceptional customer experiences. The acquisition strengthens Imperial Dade's position as a leading national specialty distributor of industrial, foodservice, and janitorial products. Both Imperial Dade and Advance Shipping Supplies are excited about the growth opportunities and enhanced customer service that this partnership will bring.
In conclusion, Imperial Dade's acquisition of Advance Shipping Supplies represents a strategic move to expand its presence in Ontario and further strengthen its distribution capabilities. This partnership reflects Imperial Dade's commitment to growth and customer service excellence in the industrial supply and janitorial products industry.
Hot Take: The Potential Impact of Imperial Dade's Acquisition on New Businesses
Imperial Dade's acquisition of Advance Shipping Supplies is a significant development in the industrial supply and janitorial products industry, particularly for new businesses. This strategic move, marking Imperial Dade's 75th acquisition, underscores the power of growth through disciplined acquisition processes.
Expanding Market Presence
The acquisition allows Imperial Dade to expand its presence in Ontario and strengthen its distribution capabilities. This move illustrates the potential of strategic acquisitions for new businesses looking to broaden their market reach and enhance their product offerings.
Focus on Customer Service Excellence
Imperial Dade's commitment to providing exceptional customer experiences is evident in this partnership. The emphasis on customer service excellence is a valuable lesson for new businesses, highlighting the importance of customer satisfaction in achieving business growth and success.
In conclusion, Imperial Dade's acquisition of Advance Shipping Supplies provides valuable insights for new businesses. The strategic move demonstrates the potential of growth through acquisitions, the importance of expanding market presence, and the value of focusing on customer service excellence. These factors can significantly contribute to a new business's success in the competitive industrial supply and janitorial products industry.
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