Batory Foods, a national distributor of food and fine ingredients, has acquired Ohio-based company Tri-State Companies, a food ingredients broker, distributor and logistics provider. The acquisition will transform Batory’s service offerings, the company has said, in the Northeast, Midwest and Southeast with the addition of Tri-State’s 100,000 square foot, multi-temperature zone distributor centre.
Headquartered in Mason, Ohio, family-owned Tri-State Companies began operations in 1961 selling food ingredients and offering technical formulation assistance in Cincinnati.
The company expanded into sweeteners in 1973 and by 1994 began offering food ingredient inventory consolidation services to food companies. The company now represents industrial suppliers of raw food materials and sells these ingredients on a brokerage and distribution basis to users in the Northeast, Midwest and Southeast across 23 states and three countries.
Tri-State Companies is closely aligned with Batory’s mission in offering a complete portfolio of quality food ingredients to food and beverage manufacturers nationwide. The acquisition will allow Batory Foods to broaden its national supply chain network, increasing coverage in the aforementioned regions.
In acquiring the company, Batory Foods will gain access to the company’s climate-controlled warehouse on 14 acres in Warren County, Ohio. The facility offers cold storage solutions utilising advanced odour control technologies to guarantee safekeeping of temperature-sensitive inventory and ensures high-quality products.
“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 optimised distribution to our valued customers,” said Vince Pinneri, President at 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.”
“Becoming part of a multi–faceted organization like Batory Foods signifies a historic and exciting milestone for Tri–State Companies,” said Lloyd Makstell, Owner of Tri–State Companies. “Through this acquisition we look forward to continuing to offer the highest quality ingredients, while together, forming a stronger business, driving further growth and innovation and creating even more value for our employees and customers.”
“The Batory Foods team extends heartfelt thanks to Lloyd Makstell and Nadine Whitsett for expanding the business that their father, Ed Makstell, had run since the 60’s,” concluded Ron Friedman, CEO at Batory Foods. “Anyone who has done business with Tri–State knows just how committed Nadine and Lloyd are to taking care of their customers. We are honoured to have been selected as the right organisation to carry on their family’s legacy.”
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