June 5, 2023
Batory Foods, a national distributor of food and fine ingredients, has acquired Tri-State Companies (Mason, OH), a food ingredients broker, distributor, and logistics provider.
The acquisition strengthens Batory’s service offerings in the Northeast, Midwest, and Southeast with the addition of Tri-State’s 100,000-sq-ft, multi-temperature zone distribution center.
Launched in 1961, Tri-State Companies is a family-owned operation that began selling food ingredients and offering technical formulation assistance. The company expanded into sweeteners in 1973 and began offering food ingredient inventory consolidation services to national food companies in 1994.
Today the company represents quality 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.
In acquiring Tri-State Companies, Batory Foods will gain access to the company’s state-of-the-art, climate-controlled warehouse on 14 acres in Warren County, OH. The facility offers cutting-edge cold storage solutions utilizing advanced odor control technologies. This guarantees safekeeping of temperature-sensitive inventory and ensures high-quality products.
The new warehouse location 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 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,” said 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 honored to have been selected as the right organization to carry on their family’s legacy.”
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