10.23.14
Maroon Group, LLC has announced the acquisition of Addipel, LLC, a custom blender and re-packager based in Avon Lake, Ohio. Since its inception in 2008, Maroon Group says, Addipel has exhibited a history of growth and is an excellent fit with the business model and culture of Maroon.
“Maroon Group is excited to expand our value added service offering with the acquisition of Addipel,” Mark E. Reichard, President and CEO of Maroon Group, said. “This is a milestone for our organization as Addipel is our first acquisition in our 37-year history. We look forward to consistently delivering organic growth as well as integrating strategic acquisitions that allow us to further develop our product portfolio and create success for our customers and principal partners.”
“Maroon Group is excited to expand our value added service offering with the acquisition of Addipel,” Mark E. Reichard, President and CEO of Maroon Group, said. “This is a milestone for our organization as Addipel is our first acquisition in our 37-year history. We look forward to consistently delivering organic growth as well as integrating strategic acquisitions that allow us to further develop our product portfolio and create success for our customers and principal partners.”