Unicorr Acquires (CONT’D FROM PAGE 1)
corr CEO, Hap Perkins. “The geographic expansion and strong cultural fit along with the potential for cross-selling opportunities makes the combined company well-posi- tioned for growth.” Unicorr, like TriState, is a multi-generation family-owned business. Hap Perkins runs the business alongside his three sons, Matt, Nick, and Jim. The TriState and ProCorr brands, which have long been established in the Philadel- phia-area, will remain and the company will operate as a subsidiary of Unicorr. “My grandfather founded this company over 70 years ago and through the years the most important thing at Tri- State has always been the customer,” said Allen Friedman, President of TriState. “I wanted to find a partner that shared these values and that would continue to steward the com-
pany in the right direction. Unicorr’s complementary capa- bilities and geography make them an ob- vious choice from a business perspective, but greater than that is their legacy as a family-owned business and their recog- nition in the market for serving their cus- tomers. I look forward to continuing with TriState, growing the combined entity, and preserving the legacy built by my grandfa- ther alongside the Perkins family.” TriState has three locations in Bucks County, Pennsylvania.
Beyond being a strong cultural fit, the combined businesses will be able to pro- vide virtually all types of corrugated pack- aging from standard brown box to high- end graphic packaging as well as sizes from mini to jumbo to customers based in the Northeast. Unicorr also provides pro- tective packaging products consisting of foam, wood crates, and pallets, and sup- plies. “TriState’s current business model com- bines well with our offerings. We look for- ward to leveraging our Göpfert with their new single-pass digital machine and ex- tensive brown box capabilities,” said Nick Perkins, Director of Operations at Con- necticut Container. Matt Perkins, General Manager of Mas- sachusetts Container said they are very pleased with the TriState Container trans- action. “Allen and his family have built a great company that is well-known in the tri-state market. We are very excited for the next steps for the combined entity and look for- ward to continuing the Friedman family’s legacy,” he said. Allen Friedman will remain with the company as the Vice President of TriState Container and Jim Perkins will be joining the TriState management team.
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November 20, 2023
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