Maroon Group expands further in Specialty Intermediates
North American specialty chemicals distributor Maroon Group LLC (Avon, OH – United States) announced that it has acquired Cadence Chemical (Stamford, CT – United States), a distributor of specialty chemicals.
Founded in 2004, Cadence supplies specialty intermediates to sectors such as Coatings, Adhesives, Sealants & Elastomers (CASE), Chemical Processing, Water Treatment and related industries. Cadence Chemical’s management team, led by John Wilson, will remain in place and continue to actively manage the business, Maroon Group said.
Neither financial details nor terms of the transaction were disclosed.
Source: Maroon Group press release
HGE – DCG / 28.12.2016