Pine State Trading

Gardiner, United States Founded: 1941 • Age: 85 yrs Acquired By Core-Mark
Beverages are branded and traded by Pine State Trading.

About Pine State Trading

Pine State Trading is a Consumer company based in Gardiner (United States) founded in 1941, and was acquired by Core-Mark in June 2016. Beverages are branded and traded by Pine State Trading. Its Indian entity Pine Trading Private Limited reported revenue of β‚Ή36.95 Cr. Pine State Trading offers products and services including Pine State Beverage and Pine State Spirits. Its focus areas include Food and Agriculture, Food & Beverage Products, Beverages and Multi-category. Its competitors include Liquid Death, Keurig Dr Pepper and BAI Brands; 3 of its 3 listed competitors have raised funding.

Company details

Pine State Trading was established in 1941 in Gardiner, United States. Focus is placed on the beverage sector, where various drinks are branded and distributed. Operations involve trading activities for beverage products, supported by the domain pinestatetrading.com. Services encompass supply chain management and regional distribution within the United States. The company remains based in Gardiner, handling beverage-related commerce across its network.

Key Metrics
  • Indian entity revenue
    ₹36.95 Cr

    FY 2022 · -30% YoY

  • Indian entity net loss
    -₹5.03 Cr

    FY 2022 · -14% margin

  • Indian entity EBITDA
    -₹4.01 Cr

    FY 2022 · -11% margin

  • Investors
  • Acquired by
    Core-Mark

    (Jun 2016)

Products & Services of Pine State Trading

Pine State Trading offers a comprehensive portfolio of products and services, including Pine State Beverage and Pine State Spirits.

Pine State Beverage
Beverage Distribution

Distributes brand name beer and non-alcoholic products to customers.

Pine State Spirits
Beverage Distribution

Handles marketing and distribution of wine and spirits products.

Investors in Pine State Trading

Pine State Trading has secured backing from 1 investor. Prominent investors backing the company include Core-Mark.

All
InvestorDescriptionFounded YearDomainLocation
Distributor and marketer of consumer goods
1888core-mark.comDenton, United States
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Investor details for Pine State Trading

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Board of directors of Pine Trading Private Limited (Pine State Trading)

Pine Trading Private Limited is the primary company behind Pine State Trading. The board of Pine Trading Private Limited currently have 2 directors; the longest-serving is Deepak Bhiku Kothere, appointed in 2021. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Deepak Bhiku Kothere
DIN 06947839
Director02 Aug 20215 yrs 2 moPine Trading Private Limited
Rupesh Balkrishna Rawool
DIN 09548319
Director26 Mar 20224 yrs 7 moPine Trading Private Limited

Financials of Pine State Trading

Figures of Pine Trading Private Limited, the primary company behind Pine State Trading, for FY 2022. Revenue was ₹36.95 Cr (-30% year on year). Net loss was -₹5.03 Cr (-14% margin). EBITDA was -₹4.01 Cr (-11% margin). Revenue has grown at a compounded annual rate of -33% over three years and -14% over five years.

  • ₹36.95 CrRevenue · FY 2022 · -30% YoY
  • -₹5.03 CrNet loss · -14% margin
  • -₹4.01 CrEBITDA · -11% margin
  • ₹30 LakhPaid-up capital
  • -33%Revenue CAGR, 3 years
  • -14%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Pine Trading Private Limited are on its company page.

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Detailed financial statements for Pine State Trading

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Timeline of Pine State Trading

2 dated milestones of Pine State Trading across 75 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pine State Trading is founded.
  2. Exit Acquired by Core-Mark.

Competitors of Pine State Trading

Pine State Trading has 3 listed competitors in our database, 3 of them funded. They include Liquid Death, Keurig Dr Pepper and BAI Brands.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
liquiddeath.com2014Los Angeles, United States$263.83M71
Internet first brand offering beverages
keurigdrpepper.com1981Burlington, United States$2.05M26,000
Manufacturer and distributor of hot and cold beverages
drinkbai.com2009Princeton, United States$56.75M
Flavoured antioxidant drinks are manufactured and marketed by BAI Brands.
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Detailed competitors of Pine State Trading

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Web traffic of Pine State Trading

The website of Pine State Trading (pinestatetrading.com) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▼ 15.9% vs previous month

Similar websites

Websites whose visitors overlap most with Pine State Trading. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ontherun.com
ontherun.com
100%
#4,256,826–
subway.com
100%
9.7M#4,839View details
nacsonline.com
nacsonline.com
100%
–
negopinoy.com
negopinoy.com
84%
–
pinestatebiscuits.com
pinestatebiscuits.com
81%
#2,794,170–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 6 similar websites and full traffic analytics for Pine State Trading

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  • 6 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Pine State Trading (Food & Beverage Products & Processing) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Hens and cattle are reared to supply eggs and butter.
2007Austin, Texas, United StatesUSD 49.96 MUSD 759.44 M598
Provider of bakery-cafe services and a loyalty program
1987St. Louis, Missouri, United StatesUSD 145.61 M
Food, snacks, and beverages are produced and distributed globally.
1898Purchase, New York, United StatesUSD 93.92 B319,000
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Frequently Asked Questions about Pine State Trading

Pine State Trading was founded in 1941.

Pine State Trading is headquartered in Gardiner, United States. It is registered at Gardiner, Maine, United States.

The primary company behind Pine State Trading, Pine Trading Private Limited, reported revenue of β‚Ή36.95 Cr for FY 2022, down 30% year on year.

Pine State Trading was established in 1941 in Gardiner, United States. Focus is placed on the beverage sector, where various drinks are branded and distributed. Operations involve trading activities for beverage products, supported by the domain pinestatetrading.com. Services encompass supply chain management and regional distribution within the United States. The company remains based in Gardiner, handling beverage-related commerce across its network.

Pine State Trading's top competitors include Liquid Death, BAI Brands and Keurig Dr Pepper.

Pine State Trading offers Pine State Beverage and Pine State Spirits.

Pine State Trading has 1 investor. Key investors include Core-Mark.

Pine State Trading operates through Pine Trading Private Limited.

Yes. Pine State Trading was acquired by Core-Mark in June 2016.

The legal entities of Pine State Trading currently have 2 directors, including Rupesh Balkrishna Rawool, Deepak Bhiku Kothere.

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