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Batory Foods Acquires Ingredient Distributor Mac & Massey, LLC(January 04, 2012)
Des Plaines, IL (PRWEB) January 04, 2012
Batory Foods Inc., the leading, national distributor of food and fine ingredients, has acquired Atlanta, Georgia-based ingredient broker/distributor Mac & Massey, LLC, the $90 million holding company for Massey Fair, Mac Source and Mulligan Sales. This acquisition marks the largest in Batory Foods 33-year history. With the completion of the transaction, Batory Foods now offers food and beverage manufacturers the largest portfolio of high quality food and fine ingredients in the United States.
By merging Mac & Massey with Batory Foods, we have significantly expanded the sales and distribution coverage we can provide our suppliers, says Ron Friedman, Vice President, Batory Foods Inc. With added distribution centers around the United States, Batory becomes the only national ingredient distribution company that focuses entirely on food and fine ingredients.
Massey Fair, a subsidiary of Mac & Massey, LLC, has long been the leading ingredients supplier in the Southeast, a region which Batory Foods had just begun to penetrate. With the broader geographic reach that comes of this transaction, Batory Foods emerges as a compelling option for manufacturers that have multiple plant locations around the country. While the newly formed company will think national, the expanded team of sales professionals based throughout the U.S will continue to act local, providing their customers with unparalleled just-in-time delivery service.
In many ways, this is a plug and play scenario, says Randy Cimorelli, President and CEO, Mac & Massey, LLC. Both companies have been on a strategic path toward expansion and vertical integration. Joining forces allows us to leverage our individual strengthsas well as the cultural values we share. Its cross-pollination at its best.
While the two teams are being integrated over the next 12 months, both companies will continue offering the personal service that their customers have come to appreciate. The Massey people are outstanding, says Friedman. Like Batorys Management, Randy and his team are strongly committed to growth, making this an exciting time for both companiesas well as for our business partners.
Brown Gibbons Lang & Company acted as the exclusive financial advisor to Batory Foods in the transaction.
ABOUT BATORY FOODS
Founded in 1979, Batory Foods is a leading national food ingredients distributor, offering manufacturers the largest portfolio of high-quality food ingredients. With sales professionals covering every major market in every state across the U.S., the family owned and operated business thinks national and acts local, serving national, regional and local manufacturers with an abiding commitment to excellent customer service. Batory Foods network of distribution facilities services more than 6,000 customers, spanning the full food industry spectrum. (http://www.batoryfoods.com)
ABOUT MAC & MASSEY
Established in 1929, Massey Fair is the largest food ingredient broker in the United States, offering a broad line of food ingredients, including sweeteners, starch, oils, cocoa, fruit concentrates and nut meats. Mac Source is the premier ingredient distributor in the Southeast, representing many of the same suppliers that support Batory Foods. In 2007, Mac & Massey, LLC was formed as the holding company for Massey Fair and Mac Source. In 2010, after acquiring California-based Mulligan Sales, Mac & Massey, LLC becomes a leading ingredient distributor providing services from coast to coast. (http://www.masseyfair.com)
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Read the full story at http://www.prweb.com/releases/2012/1/prweb9076702.htm.
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