Associated and Peach State announce merger

Merger creates one of the largest supply chain solution companies in North America.
By Modern Materials Handling Staff
November 08, 2013 - MMH Editorial

Associated and Peach State Integrated Technologies, both leaders in providing integrated supply chain solutions, announced today they have reached a definitive agreement for Associated to acquire Peach State.

Under the agreement, Peach State will operate as a subsidiary of Associated. The transaction is expected to be completed in the first quarter of 2014. Peach State, founded in 1975 and headquartered in Atlanta, Ga., is a leader in providing supply chain consulting, engineering, and automated material handling solutions that enable retailers, distributors, and manufacturers to get their products to market quickly, efficiently and profitably.

“As we look toward the future we are committed to developing new and innovative methods to provide value to our customers. We are confident that the additional competencies of Peach State will enable us to further improve the flexibility and diversity of solutions we are able offer our customers. We have made the commitment to transform from the material handling company of the past to the supply chain solution provider of the future,” said Michael Romano, president and CEO of Associated. “This represents a significant step in that direction. We have always had great respect for Peach State and their expertise in providing game-changing supply chain solutions that are helping some of the world’s fastest growing companies.”

“We are very excited to enter into this relationship with Associated and believe it will enable us to continue to grow our presence in North America and will strengthen our ability to provide exceptional solutions and service to our great customers,” said James R. Bowes Jr., president of Peach State. “Our combined size, financial strength, experienced team and complementary services create one of the largest, most capable supply chain solutions providers in North America.”

Peach State will continue to operate under their name and brand identity with the same leadership and organizational structure. The merger will make the combined organization one of the largest supply chain solution providers in North American in both size and breadth of solution offerings.



Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

While shippers ready themselves for the long Labor Day weekend, we’d like to remind them that new security and compliance regulations are - as always – looming ahead.

United States Class I carloads were down 56,104 carloads–or 4.6 percent annually–at 1,115,957 in August, and intermodal containers and trailers were up 3.6 percent--or 38,617 units- at 1,114,370.

A new report from Chicago-based freight transportation and logistics consultancy CarrierDirect released this week examines current freight market conditions and what logistics and supply chain stakeholders need to do and know in order to stay one step ahead of the competition.

You’ve heard the old saying, it was the best of times, it was the worst of times. Rob Handfield sees this as the best of times for procurement professionals, who have an opportunity to deliver real value to their organizations

While core metrics were down from a very impressive July, the August edition of the Non-Manufacturing Report on Business from the Institute of Supply Management (ISM) was still very strong.

About the Author

Josh Bond, Senior Editor
Josh Bond is Senior Editor for Modern, and was formerly Modern’s lift truck columnist and associate editor. He has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce University.

Comments

Post a comment
Commenting is not available in this channel entry.