Jersey City-based Imperial Dade, distributor of janitorial announced its planned merger with BradyPLUS, a major provider in the same industry. The merger, which will combine two organizations with a shared customer-centric vision and family-owned business heritage, will create a formidable presence in the North American market.
While the specific financial terms of the deal were not disclosed, the combined company will be able to offer a broader product portfolio and expanded geographic reach, according to statements from both companies.
The merger is supported by a consortium of capital partners, all of whom will remain invested in the new entity.
“This transformational partnership will expand our geographic reach and significantly enhance our ability to serve our customers,” Ken Sweder, chairman and CEO of BradyPLUS, said. “Imperial Dade is a fantastic business with a talented team and leadership that shares our core values.”
Jason Tillis, CEO of Imperial Dade, echoed this sentiment. “We’re combining two like-minded teams who put the customer first and share a commitment to building something special for the long term,” he said. The merger is expected to close in the coming months, pending regulatory approval. Until then, both companies will continue to operate independently.
The merge highlights a trend of consolidation within the janitorial and packaging supply industries, as companies seek to expand their national footprints and leverage economies of scale.
Imperial Dade, founded in 1935, has a history of growth through strategic acquisitions, and this merger with BradyPLUS represents its most significant expansion to date. The move is expected to benefit customers through improved service, expanded product offerings, and a greater focus on customer needs.
