NYC-based Distribution Group further expands Geography covered in another Consolidation Move
U.S. chemical distribution investor LeBaronBrown Specialties LLC [“LBB Specialities”] (New York, NY – United States), has recently announced that it has acquired a majority interest in Custom Chemical Services, Inc. [“CCS”] (Medley (Ft. Lauderdale), FL – United States), a distributor of specialty chemicals, for an undisclosed sum.
CCS was founded as in 2004 by Chad Hicks and Bob Lewis. The company supplies customers in Personal Care, Life Sciences and Food & Nutrition from its head office in Ft. Lauderdale (FL) as well as satellite facilities in Dallas (TX), Savannah (GA) and Kearney (NJ). Chad Hicks will continue to manage the business, the announcement said. No financial details were disclosed on this transactions.
Source: LBB Specialties LLC press release; CCS website
HGE – DCG / 18.01.2021