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BradyPLUS and Imperial Dade announce merger to expand portfolio and reach across North America

The combination strengthens presence in the JanSan, foodservice, and industrial packaging markets, expanding geographic coverage and product offerings

BradyPLUS, a provider of janitorial and sanitation (“JanSan”), foodservice, and industrial packaging products and solutions, and Imperial Dade, a leading distributor in the same markets, have announced their intent to merge. Financial terms of the deal were not disclosed.

According to the companies, the merger brings together two organizations with similar cultures, rooted in family-owned legacies and committed to delivering exceptional customer value. The combined entity will have the capacity to serve more customers with a broader portfolio of products and services across North America.

“This transformational partnership will expand our geographic reach and significantly enhance our ability to serve our customers”, said Ken Sweder, Chairman and CEO of BradyPLUS. “Imperial Dade is a fantastic business with a talented team and leadership that shares our core values. We are both passionate about delivering the best for our customers. Together, we’ll be more agile, more connected to customer needs, and better equipped to provide solutions to more customers across North America.”.

For Jason Tillis, CEO of Imperial Dade, the merger represents a long-term growth opportunity: “We’re combining two like-minded teams who put the customer first and share a commitment to building something special for the long term. I’m confident this partnership will create new opportunities for our people, our customers, and our suppliers”.

Key benefits outlined for the combined organization include stronger customer focus, expanded service coverage, broader product offerings, and enhanced support, leveraging specialized teams and best-in-class digital tools.

The capital structure of the new company will continue to include Bain Capital Private Equity, Kelso & Company, Advent International, Warburg Pincus, FEMSA, the Tillis family, and company executives, all of whom will remain invested and have representation on the board.

The merger is expected to close in the coming months, subject to regulatory approval and customary closing conditions. Until then, BradyPLUS and Imperial Dade will continue to operate independently.

Source
PR Newswire
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