Tag Archives: Acquisition

Maroon Group has acquired Holland Chemicals

Further consolidation in the U.S. Specialty Chemicals Distribution Industry

North American specialty chemicals distributor Maroon Group LLC (Avon, OH – United States) announced that it has acquired Holland Chemicals Inc.  (Burr Ridge, IL – United States), a distributor of specialty chemicals and ingredients for Personal Care, Household & Industrial Cleaning, Food, and general industrial markets. Holland Chemicals’ management team, led by Jonathon Rhodes, will continue to actively manage the business on a day-to-day basis, Maroon Group said in the statement.

Neither financial details nor terms of the transaction were disclosed.

Source: Maroon Group website

HGE – DCG / 06.07.2020

Specialty Chemicals Distributor Quadra Chemicals acquires PlusPharma in the U.S.

Canadian Distributor bolsters its U.S. Presence for Pharma and Nutrition Ingredients

Family owned speciality chemicals distributor Quadra Chemicals Ltd. (Vaudreuil-Dorion, Quebec – Canada) recently announced that the company has acquired PlusPharma, Inc. (Vista, California – United States), a privately held distributor of specialty ingredients for the Pharmaceutical and Nutritional Supplements markets.

The acquired company has been active for over 30 years, Quadra said in a statement. It has a technical support team that is “assisting customers by offering formulation advice, troubleshooting production challenges, and conducting on-site training.”

Quadra had first expanded from Canada into the United States in 2016, when it set up its U.S. subsidiary Quadra Chemicals, Inc. (Woodlands, Texas – United States), which represents the company’s Reseources Division,  responsible for both the Mining and Energy Groups.

Source: Quadra press release

HGE – DCG / 11.11.2019

Maroon Group acquires Cambrian Solutions Inc.

Maroon Group expands in Canada with its tenth Add-on Acquisition

North American specialty chemicals distributor Maroon Group LLC (Avon, OH – United States) announced that it has acquired Cambrian Solutions Inc.  (Oakville, ON – Canada), a distributor of specialty chemicals supplying customers in key end markets across Canada.

 

Established in 1995, Cambrian Solutions supplies specialty incredients and chemicals to customers in the Naturals and Organics, Food, Household, Industrial and Institutional, Health Ingredients, Personal Care, Petroleum, Pulp & Paper and Industrial markets. The acquired company’s leadership team will continue to actively manage the business on a day-to-day basis while leveraging Maroon Group’s global network of resources, the company said in a statement.

Neither financial details nor terms of the transaction were disclosed.

 

Source: Maroon Group press release

 

HGE – DCG / 29.10.2019

DKSH acquires Dutch Distributor Dols International B.V.

Performance Materials BU enhances European Footprint for Speciality Chemicals into Paints & Coatings

Speciality chemicals  distributor DKSH AG (Zurich, Switzerland) has announced the acquisition of Dols International B.V.  (Roermond, The Netherlands). The company, which was founded in 1989, has a turnover just shy of EUR 10 mn. DKSH says the acquisition will be immediately earnings accretive, due to its “sound profitability.” The current management team the employees will join DKSH’s Business Unit Performance Materials.

The product portfolio of Dols International includes Pigments, Binders and Additives for use in Paints & Coatings, Adhesives, Plastics and Construction applications. The company represents a number of international producers and serves more than 200 customers . It also formulates products in an in-house laboratory, which will convert to a DKSH Innovation Center, expanding the network to 40 centers worlswide, DKSH said.

No financial details were disclosed on the transcation.

Source: DKSH press release

HGE / DCG – 27.05.2019