U.S. Subsidiary of Netherlands-based Life Science Ingredients Distributor expands Business
Maroon Group LLC (Akron, OH – United States), the U.S. subsidiary of life science ingredients distributor Barentz International N.V. (Hoofddorp, The Netherlands) last week announced that it has acquired the raw materials and specialty chemicals distribution business of packaging and constainers supplier The Cary Company (Addison (Chicago), IL – United States) for an undisclosed sum. The business acts as a specialty distributor in the Paint & Coatings, Adhesives and Plastics markets. According to the announcement, the transaction represents an ideal fit with Barentz’ strategy to support customers and principals / suppliers through industry-focused sales and technical teams with a dedicated sector coverage.
The management team, led by Brian Ehlert, will continue to actively manage the business on a day-to-day basis. It will remain located in the Chicago, IL area. Warehousing and logistical services for the business will continue to be provided by The Cary Company.
No financial details were provided on this transaction.
Source: Barentz press release, The Cary Company website
HGE – DCG / 12.03.2021