TH Hilson Company sold to Ravago Chemicals
Specialty chemicals distributor TH Hilson Company (Wheaton [Chicago], IL, United States), has announced the sale of the company to multinational plastics and chemicals distribution group Ravago (Arendonk, Belgium).
While the business will become part of Ravago Chemical, a subsidiary of Ravago Holding America, it will continue to trade under the TH Hilson Company name.
Founded in 1973 by Terry Hilson, the company was so far 2nd generation family owned. It serves customers in Coatings, Inks, Adhesives, Contruction Chemicals, Metalworking Lubricants, Plastics and Consumer Care. Turnover in 2014 was ca. USD 57 mn. No financial Details were disclosed on the Transaction.
TH Hilson Company press release; ICIS Chemical Business (Top-100 List 2015)
HGE / DCG – 09.03.2016