French Distribution Group enhances Presence in North America in Performance Chemicals and Life Sciences
Specialty Chemicals distributor Safic-Alcan S.A. (Puteaux (Paris), France) has announced that the group has acquired 100% of the shares of Rit-Chem Co., Inc. (New York, NY – United States), a “boutique chemical distributor” for an undisclosed sum. Rit-Chem will become part of the ChemSpec, Ltd. (Uniontown, OH – United States), the American affiliate of the Safic-Alcan Group.
Established in 1972 by Henry Ritell, Rit-Chem started off by supplying specialty chemicals to Paints & Coatings manufacturers, before diversifying in fields such as Rubber, Plastic and Food/Feed. The company serves customers from a number of “strategically located” warehouses and markets a range of proprietary product brands, Safic-Alcan said in the announcement.
No financial details were disclosed on the transaction.
Source: Safic Alcan press release
HGE / DCG – 30.09.2021
Consolidation of Polymer and Rubber Additives Distributors in U.S. Midwest
Management owned and operated Polymer & Rubber Additives and Masterbatch distributors Harwick Standard Distribution Corp. (Akron, OH – United States), led by President Ernie Pouttu, has announced that the company has recently acquired neighbouring Western Chemical Corp. (Stow, OH – United States), a supplier of additives and industrial intermediates for Adhesives & Sealants, Coatings, Plastics and Rubber applications, from founder Ron Anderson.
Until an integration plan is mapped out and implemented, the two companies will operate in parallel, the announcement said. Ron Andersown will continue to be involved in the business. No financial details or other terms were disclosed on this transaction.
Source: Harwick Standard press release
HGE – DCG / 10.08.2021
Rubber Additives and Compounding Materials Distributor diversifies further into Paints & Coatings and Lubricants
Rubber Additives and Compounding Materials distributor Akrochem Corp. (Akron, OH – United States) has announced that the company has earlier this month acquired Bech Chem, LLC (The Woodlands (Houston), TX – United States), a distributor of additives and ingredients, particularly for the Paints & Coating and the Lubricants industry.
No financial details or other terms were disclosed on this transaction.
Source: Akrochem press release
HGE / DCG 29.07.2021
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
Water Treatment Group of Hawkins, Inc. is now present in Louisiana
North American chemical distributor Hawkins, Inc. (Roseville, MN – United States) has recently announced that the company has acquired substantially all of the assets of C&L Aqua Professionals, Inc. and LC Blending, Inc. [together “C&L Aqua”] (Sulphur, LA – United States) for an undisclosed sum.
Hawkins said that Steve Belshe, President of C&L Aqua and LC Blending will “continue to be involved in the business going foward”.
Source: Hawkins website
HGE – DCG / 14.01.2021
Rotterdam-based Distributor to expand global (Bio)pharmaceutical Activities
International producer and distributor of food ingredients and chemicals, Caldic B.V. (Rotterdam, The Netherlands) has announced that it has signed an agreement to acquire Brand-Nu Laboratories Inc. [“Brand-Nu”] (Meridien, Connecticut – United States) and its subsidiary BNL Sciences Ltd. [“BNL Sciences”] (Naas , Co. Kildare – Ireland), two distributors of high purity specialty chemicals and biological raw materials.
Privately-owned Brand-Nu was set up in 1956. The company serves customers in the Pharmaceutical, Biopharmaceutical, Medical Device and Microelectronic industry with a range of high purity chemicals, excipinets and biological raw materials, Caldic said in the statement. BNL Scienes was established in 2003 and caters to Biopharmaceutical, Pharmaceutical and Medical Device producers. The leadership teams around John Gorman, President of Brand-Nu will continue to work in the business.
No financial details were disclosed on the transaction, which is expected to close by end of the year, subject to certain customary closing conditions and regulatory approvals.
Source: Caldic press release
HGE – DCG / 23.10.2020
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
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