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Deal snapshot: IMPERIAL BAG AND PAPER ACQUIRES US FOOD PACKAGING DISTRIBUTOR.

MANews-(C)2009-2016

US-based food service and janitorial supplies distributor Imperial Bag and Paper Co., LLC has acquired US-based food packaging company Borax Paper Products, Inc., the company said. The transaction represents the seventh acquisition under a leadership of Robert and Jason Tillis.

Based in Bronx, NY, Borax is a distributor of food packaging, paper products, foodservice disposables, and janitorial and sanitary supplies serving Metro New York and the tri-state region. The acquisition of Borax will provide both Borax and Imperial's customers with an expanded product offering and market leading customer service.

Country: USA

Sector: Paper/Packaging/Office Supplies

Target: Borax Paper Products, Inc

Buyer: Imperial Bag and Paper Co., LLC

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Date:Feb 29, 2016
Words:132
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