Aug. 19, 2014: Distribution International Acquires the State/Allstate Companies
Distribution International Strengthens Its Position in New York, New Jersey, and Pennsylvania
HOUSTON — Distribution International Inc. (DI) announced it has completed the acquisition of certain assets from State Insulation Corp., State Laminating Corp., Allstate Insulation Corp., and Allstate LLC (the State/Allstate Companies). Headquartered in Perth Amboy, New Jersey, with additional locations in New York and Pennsylvania, the State/Allstate Companies are stocking distributors of mechanical insulation and HVAC products.
George Lionikis, president of the State/Allstate Companies and new regional manager, Northeast for DI, said, “This is an exciting opportunity for our customers, vendors, and employees. I am looking forward to working with the DI team; together we will continue our vision to ‘Exceed Customer Expectations’ at every opportunity.”
Celeste Mastin, CEO of DI, said that the purchase of the State/Allstate Companies “further strengthens our position in the New York, New Jersey, and Pennsylvania markets. We’re excited to have George Lionikis join the DI team and lead our expansion plans in the region. George brings us over 37 years of knowledge in the mechanical insulation and HVAC industries, as well as strong relationships with customers and vendors. I have great respect for his leadership and the company he and his team have built. Everyone at DI is looking forward to working with George and we welcome the opportunity to service the State/Allstate Companies’ loyal customer base in the Tri-City area.”
DI is a distributor of insulation, related specialty fabricated products, and safety supplies. The company serves commercial, industrial, and marine customers from distribution centers in Texas, Louisiana, Mississippi, Alabama, Arkansas, Tennessee, Kentucky, Missouri, Michigan, South Carolina, North Carolina, Pennsylvania, Virginia, Maryland, New York, and New Jersey in the United States, as well as British Columbia, Alberta, Ontario, Quebec, and Nova Scotia in Canada.
For more information, visit www.distributioninternational.com.
Publication date: 8/18/2014