Imperial Bag & Paper Acquires Goldman Paper
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Imperial Bag & Paper Co., Bayonne, N.J., USA, the largest single-location food service and janitorial supplies distributor in the U.S., has acquired Goldman Paper Co., Randolph, Mass. 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.
Robert Tillis, CEO of Imperial, said that "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 continue to offer Imperial's high level of service to our ever-growing customer base."
Goldman Paper is Imperial’s seventh acquisition since Tillis bought the 80-year-old company in 2007.
