June 8 2023, David R Brown
Batory Foods acquires U.S. food ingredient distributor Tri-State Ingredients
Leading U.S. food and ingredients distributor Batory Foods has acquired Mason, Ohio-based Tri-State Companies, a food ingredients broker, distributor and logistics provider. Financial terms of the transaction were not disclosed.
We are thrilled to complete this strategic acquisition — one that will significantly enhance our logistical efficiencies in the Northeast, Midwest and Southeast
Vince Pinneri
President of Batory Foods
Batory Foods said the acquisition of Tri-State's 100,000-square-foot multi-temperature zone distribution center will transform its service offerings in the Northeast, Midwest and Southeast. The facility offers 'cutting-edge cold storage solutions utilizing advanced odor control technologies,' Batory said. In addition, it will allow for streamlined deliveries and reduced shipping times to Batory's customers.
“We are thrilled to complete this strategic acquisition — one that will significantly enhance our logistical efficiencies in the Northeast, Midwest and Southeast and give us greater capacity to provide consistent and reliable customer service and optimized distribution to our valued customers,” said Vince Pinneri, president of Batory Foods. “We look forward to joining forces with Tri-State Companies and moving forward with further confidence and capabilities as a top-tier, nationwide distributor of food and beverage ingredients.”
Lloyd Makstell, owner of Tri-State Companies, added that the transaction will form a stronger business, drive further growth and innovation and create more value for its employees and customers.
Tri-State Companies was founded in 1961, specializing in selling food ingredients and offering technical formulation assistance in the Cincinnati area. The business expanded into sweeteners in 1973, and by 1994 it began offering food ingredient inventory consolidation services to national food companies. Today, the company is a full-service ingredients provider.
About Batory Foods
Founded in 1979, Batory Foods is a national sales and supply chain management solutions provider offering a full portfolio of high-quality food ingredients to food, beverage and nutraceutical manufacturers throughout the United States. The company connects leading food ingredient producers to well-regarded food & beverage brands. Batory operates a national system of warehouses and distribution centers for quick and efficient product delivery. The company has over 400 employees and annual sales revenues in excess of USD 750M.
Source(s): Batory Foods Press Release
Further Information
Visit: https://www.batoryfoods.com