DES PLAINES, ILL. — Batory Foods Inc., a national distributor of food and fine ingredients, has acquired Atlanta-based ingredient broker/distributor Mac & Massey, L.L.C. Mac & Massey is the $90 million holding company for Massey Fair, Mac Source and Mulligan Sales. The acquisition marks the largest in Batory Foods’ 33-year history.
“By merging Mac & Massey with Batory Foods, we have significantly expanded the sales and distribution coverage we can provide our suppliers,” said Ron Friedman, vice-president of 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.”
Randy Cimorelli, president and chief executive officer of Mac & Massey, called the transaction a “plug and play” scenario.
“Both companies have been on a strategic path toward expansion and vertical integration,” Mr. Cimorelli said. “Joining forces allows us to leverage our individual strengths — as well as the cultural values we share. It’s cross-pollination at its best.”
The two companies’ management teams will be integrated over the next 12 months. Brown Gibbons Lang & Company acted as the exclusive financial advisor to Batory Foods in the transaction.
Founded in 1979, Batory Foods has a network of distribution facilities that serves more than 6,000 customers, spanning the full food industry spectrum.
Established in 1929, Massey Fair is the largest food ingredient broker in the United States, offering a broad line of food ingredients, including sweeteners, starches, oils, cocoa, fruit concentrates and nut meats. In 2007, Mac & Massey, L.L.C. was formed as the holding company for Massey Fair and Mac Source. In 2010, after acquiring California-based Mulligan Sales, Mac & Massey, L.L.C. became a leading ingredient distributor providing services from coast to coast.