NYC-based Distribution Group expands Geography covered
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 Dien, Inc. [“Dien”] (Dallas, TX – United States), a distributor of specialty chemicals, for an undisclosed sum.
Dien was founded as in 1996 by Dien Stout. The company supplies specialty chemicals and other ingredients and provides technical support to customers in Personal Care, Food & Beverage and Neutraceuticals. Dien’s management team led by James Williams will continue to run the busines, while Dien Stout will retire as President of the company.
No financial details were disclosed on this transaction.
Source: LeBaronBrown Specialties LLC press release
HGE – DCG / 18.03.2020