Tag Archives: Food & Nutrition

LBB Specialties acquires Connecticut-based Distributor Centerchem

August 10, 2021 Guenther Eberhard Leave a comment

NYC-based Distribution Group makes another Consolidation Move on the East Coast

U.S. chemical distribution investor LeBaronBrown Specialties LLC [“LBB Specialities”] (New York, NY – United States), has recently announced that it has acquired Centerchem, Inc. (Norwalk, CT – United States), a distributor of specialty chemicals for the Personal Care and the Food & Nutrition markets.

No financial details were disclosed on this transaction.

Source: LBB Specialties LLC press release; CCS website

HGE – DCG / 10.08.2021

LBB Specialties acquires Florida-based Distributor Custom Chemical Services

January 18, 2021 Guenther Eberhard Leave a comment

NYC-based Distribution Group further expands Geography covered in another Consolidation Move

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 Custom Chemical Services, Inc. [“CCS”] (Medley (Ft. Lauderdale), FL – United States), a distributor of specialty chemicals, for an undisclosed sum.

CCS was founded as in 2004 by Chad Hicks and Bob Lewis. The company supplies customers in Personal Care, Life Sciences and Food & Nutrition from its head office in Ft. Lauderdale (FL) as well as satellite facilities in Dallas (TX), Savannah (GA) and Kearney (NJ). Chad Hicks will continue to manage the business, the announcement said. No financial details were disclosed on this transactions.

Source: LBB Specialties LLC press release; CCS website

HGE – DCG / 18.01.2021

Barentz enters Agreement to acquire Maroon Chemical

October 15, 2020 Guenther Eberhard Leave a comment

Netherlands-based Life Science Ingredients Distributor invests in a significant Expansion of its Activities in North America

Life science ingredients distributor Barentz International N.V. (Hoofddorp, The Netherlands) announced yesterday that it has entered into a definitive agreement to acquire Maroon Group [“Maroon”] (Avon, Ohio – United States) a leading specialty chemicals distributor in North America with national operations covering the the U.S. market as well as activities across Canada through its subsidiary Cambrian Solutions Inc. (Oakville, Ontario -Canada).

Founded in 1977, Maroon generates an annual turnover of approx. USD 500 mn, the statement said. The group has approx. 300 employees that cover sectors such as HI&I [Cleaning], Personal Care & Pharmaceutical, Food & Nutrition, and CASE [Coatings, Adhesives, Sealants & Elastomers] across North America, supported by technical expertise and several specialised application laboratories. According to Barentz, Terry Hill, CEO of Maroon Group, and his entire Management Team will continue to manage the operations.

No financial details were disclosed on the transaction, which is expected to close by end of this year.

Source: Barentz press release, Maroon Group website, Cambrian Solutions website

HGE – DCG / 15.10.2020

IMCD has acquired VitaQualy in Brazil

August 21, 2020 Guenther Eberhard Leave a comment

Consolidation continues in the Brazilian Ingredients Distribution Market

Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) announced earlier in the week that it has acquired 100% of the outstanding shares of VitaQualy Comércio de Ingredientes LTDA [“VitaQualy”] (São Paulo, SP – Brazil), a specialty ingredients distributor serving the Food & Nutrition, Pharmaceuticals and Nutraceuticals markets.

In 2019, VitaQualy generated revenues of BRL 26 mn (ca. EUR 7.2 mn) with 8 employees. The company will be fully integrated into IMCD’s organisation in 2021, the statement said.