Associated and Peach State Finalize Merger | Industry News
Associated and Peach State Integrated Technologies Inc. has completed the transaction to acquire Peach State, which under the agreement will operate as a subsidiary of Associated. Peach State, headquartered in Atlanta, GA, provides supply chain consulting, engineering, and automated material handling solutions.
“We are very excited to have this transaction completed. 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," 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 including current President James R. Bowes Jr.