Tag Archives: East Coast

U.S. Distributor JNS-SmithChem buys CheMarCo

Continued Consolidation in the U.S. Distribution Market

U.S. regional full-line distributor JNS-Smithchem, LLC (Paterson, NJ – United States) recently announced the acquisition of  CheMarCo, Inc. (Greenville, SC – United States), a distributor of specialty chemicals with regional activities in the southeastern part of the country.  CheMarCo was established in 1981 and besides additives from ca. 30 suppliers also distributes technical equipment.

The combined distribution territory covers 26 states, including the entire east coast, from New England to Florida and west to Ohio, Oklahoma, and Texas. The product lines focus on the Paints, Coatings, Inks, Adhesives, Building Materials, Plastics and Rubber amongst others. In 2019, JNS-Smithchem alone had sales of ca. USD 30 mn.

No financial details were disclosed on the transaction.

Source: JNS-Smithchem website, CheMarCo website

HGE – DCG / 08.02.2021

Brenntag acquires Caustic Soda Distribution Assets in the U.S. from Suffolk Solutions Inc.

Brenntag expands Industrial Chemicals Coverage on the East Coast

Global chemical distributor Brenntag AG (Essen, Germany) announced  that it has acquired the operating assets for Caustic Soda distribution from Suffolk Solutions, Inc. (Suffolk, Virgina – United State), in order to get “greater supply flexibility, manoeuvrability and additional storage capacity” in the region.

 

Suffolk Solutions, founded in 2005, has access to a bulk terminal as well as to a rail transloading facility within the state of Virginia.

 

The acquired business generated sales of approximately USD 15.6 mn in the 12-month period ending 30. April 2020, Brenntag said. No further financial details were disclosed on the transaction.

 

Source: Brenntag press release

 

HGE – DCG / 03.08.2020