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Corporation
CONSUMER PRODUCTS & SERVICES | Household / Cleaning Products
enichols.com

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About Nichols

Nichols is a janitorial cleaning supplies and shipping and packaging equipment distributor in the Great Lakes region.On November 1st, 2021, Nichols was acquired by Imperial Dade. The terms of the transaction were not disclosed.

Nichols Headquarter Location

1391 Judson Road

Spring Lake, Michigan, 49456,

United States

800-442-0213

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Latest Nichols News

Imperial Dade Acquires Nichols Paper & Supply

Nov 2, 2021

Michigan-based Nichols represents the 43rd acquisition for Imperial Dade under its current leadership. Nov 2nd, 2021 JERSEY CITY, NJ & NORTON SHORES, MI — Imperial Dade, a distributor of foodservice packaging and janitorial supplies, announced Nov. 1 the acquisition of Nichols Paper & Supply. The transaction represents the 43rd acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, CEO and president of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed. Headquartered in Norton Shores, MI, Nichols is a leading distributor of janitorial supplies and industrial packaging run by Mike Olthoff, family, and their executive team. With 85 years of experience, the company has built a strong reputation for its knowledgeable sales force, wide breath of products, and high-touch customer service. The addition of Nichols will significantly strengthen Imperial Dade’s existing presence in the Midwest and help better reach customers coast-to-coast. The Imperial Dade platform will operate roughly 100 facilities across the country and solidify its position as the national leader in specialty distribution. By leveraging Imperial Dade’s market-leading platform, Nichols’ customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions. "I would like to enthusiastically welcome Mike and the full Nichols team to Imperial Dade. The commitment to their customers and partners, along with their family first culture, makes the business a great addition to our platform," said Robert Tillis. "Nichols’ customer-centric business approach is aligned with Imperial Dade’s and together we will provide unparalleled service to new and existing customers throughout the Midwest," said Jason Tillis. "Imperial Dade's reputation and family-oriented culture align well with our own philosophy and values. We are excited for the opportunity to continue to expand our business and offerings to give even better service our customers as part of the Imperial Dade platform" said Mike Olthoff, CEO of Nichols. Imperial Dade is the leading independently-owned and operated distributor of foodservice packaging, facilities maintenance supplies and equipments in the United States, Puerto Rico and the Caribbean. Latest in Mergers & Acquisitions

Nichols Acquisitions

2 Acquisitions

Nichols acquired 2 companies. Their latest acquisition was DawnChem on June 10, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/10/2019

$99M

Acquired

1

11/8/2017

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$99M

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10

Date

6/10/2019

11/8/2017

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

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