© Batory Foods
Batory Foods has acquired Tri-State Companies, a food ingredients broker, distributor and logistics provider headquartered in Mason, Ohio.
The acquisition bolsters Batory’s service offerings with the addition of Tri-State’s 100,000-square-foot multi-temperature distribution centre.
Family-owned Tri-State Companies began operations in 1961 specialising in selling food ingredients and offering technical formulation assistance in the Cincinnati area. The family expanded into sweeteners in 1973 and, by 1994, began offering food ingredient inventory consolidation services to national food companies.
Today the company is a full-service ingredients provider representing industrial suppliers of raw food materials. It sells these ingredients on a brokerage and distribution basis to users in the Northeast, Midwest and Southeast across 23 states and three countries.
Batory described Tri-State Companies as ‘closely aligned’ with its mission in offering a complete portfolio of high-quality food ingredients to food and beverage manufacturers nationwide.
The strategic acquisition will allow Batory Foods to broaden its national supply chain network and gain access to its 14-acre warehouse in Ohio’s Warren County. The facility offers cold storage solutions utilising advanced odour control technologies to guarantee the safekeeping of temperature-sensitive inventory. The new warehouse location will allow for streamlined deliveries and reduced shipping times to Batory’s customers in the Northeast, Midwest and Southeast.
President at Batory Foods Vince Pinneri said: “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.”
Lloyd Makstell, owner of Tri-State Companies said that the acquisition marks a ‘historic and exciting milestone’ for Tri-State, commenting: “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.”
© FoodBev Media Ltd 2023