Ronnoco Beverage Solutions announces acquisition of Trident Beverage
Ronnoco Beverage Solutions, a leading beverage solutions provider for convenience store, foodservice, hospitality and office categories, has announced its acquisition of Houston-based Trident Beverage, a dispensed beverage provider for a variety of foodservice establishments.
Since 1904, Ronnoco has produced and distributed premium-quality coffee, teas and other beverages to customers around the US. As a complete beverage solutions provider, Ronnoco’s dedicated team drives forward innovation in new coffees, teas, lemonades, liquid creamers, sugars, cups and other related items.
Trident Beverage was created in 2004 with the goal of providing a healthy selection of beverage and dispenser options to wellness-oriented foodservice establishments. Trident Beverage currently services thousands of schools, day cares, restaurants, bars and other food venues throughout the US. President of Trident Beverage, John Walker and vice president, Patrick Walker, will maintain an investment stake in the company and continue to run the business with the goal to provide quality, healthy and novelty beverage items along with excellent customer service to the foodservice industry.
The acquisition is Ronnoco’s ninth and develops on the company’s long-term vision to provide a one-stop coffee and beverage solution to fit every customer’s needs. The addition of Trident Beverage also complements the recent strategic change in name, from Ronnoco Coffee to Ronnoco Beverage Solutions, following its acquisition of the Beverage Solutions Group in March 2019.
Terry McDaniel, CEO of Ronnoco Beverage Solutions, commented: “We view the addition of Trident Beverage as a combination of strengths, as we continue to strategically increase market share to better provide our partners with a one-stop, full line of beverage solutions.
“We are incredibly enthused to add John, Patrick and their dedicated team to advance our mission for continued growth and innovative expansion through our combined portfolio of high-quality products, brands and equipment focused on customer service and experience.”
Ronocco now serves over 40 states in the US, having added more than 10 states to its service area footprint during the last 24 months. Its addition of Trident will continue to expand the company’s service area footprint with new channels – including the attractive K-12 market – supplementing current product categories and geographic distribution. Trident also maintains a strong foothold in the growing frozen drinks and cold beverage product categories, which presents Ronnoco with an opportunity to expand these offerings to the convenience channel.
“We are pleased to unite fronts with a company that is so aligned with our larger priorities,” said John Walker. “Together, our extended line of complimentary product offerings and service areas creates natural synergistic opportunities for expansion across the combined platform.”
For more information about Ronnoco Beverage Solutions, visit www.ronnoco.com.