Maroon Buys Distributor U.S. Chemicals
Maroon Group has acquired U.S. Chemicals, a specialty chemicals distributor based in Darien, Connecticut, USA, for an undisclosed sum. Founded in 1960, family-owned U.S. Chemicals supplies specialty intermediates to the coatings, adhesives, sealants and elastomers (CASE), lubricants, plastics and associated industries, delivering out of 14 warehouse locations across the US.
Maroon’s president and CEO, Mark Reichard, said the acquisition significantly broadens the company’s product portfolio, service offerings and customer base. The distributor, based in Avon, Ohio, supplies specialty additives, resins and pigments to more than 900 manufacturers in a variety of industries. It has warehouses in Avon and Cleveland, Ohio, and Chicago, Illinois as well as 10 distribution centres scattered throughout North America.
The company added that it will continue to aggressively explore opportunities to form partnerships with proven entrepreneurs that have built sustainable, successful companies.