09.20.17
Maroon Group LLC on Wednesday said it bought Seidler Chemical, a specialty chemicals and ingredients distributor based in Newark, N.J., for an undisclosed amount.
Maroon Group said that Seidler’s management team – led by Richard and Martha Seidler – will remain in place and continue to actively manage the business.
Established in 1896, Seidler Chemical supplies specialty chemicals and ingredients and value-add services to the pharmaceutical, high purity electronic, industrial, and food and beverage industries.
“We are thrilled about the opportunity to work with Rich, Martha, and their team and welcome a company with a 120-year history to Maroon Group,” said Mark E. Reichard, president & CEO of Maroon Group. “This acquisition allows us to expand our value-add service offering and build additional scale in attractive end markets."
Added Seidler Chemical President, Rich Seidler: “Providing stability for our employees, customers, and suppliers was a priority when Martha and I set out on this course.
"Maroon has a proven track record of success as it relates to acquiring businesses like Seidler," he continued. "They understand the importance of servicing the customer, continue to invest in acquired companies, and have a thoughtful approach to integration. Maroon Group was the right partner to continue the legacy of our family’s company.”
Maroon Group said that Seidler’s management team – led by Richard and Martha Seidler – will remain in place and continue to actively manage the business.
Established in 1896, Seidler Chemical supplies specialty chemicals and ingredients and value-add services to the pharmaceutical, high purity electronic, industrial, and food and beverage industries.
“We are thrilled about the opportunity to work with Rich, Martha, and their team and welcome a company with a 120-year history to Maroon Group,” said Mark E. Reichard, president & CEO of Maroon Group. “This acquisition allows us to expand our value-add service offering and build additional scale in attractive end markets."
Added Seidler Chemical President, Rich Seidler: “Providing stability for our employees, customers, and suppliers was a priority when Martha and I set out on this course.
"Maroon has a proven track record of success as it relates to acquiring businesses like Seidler," he continued. "They understand the importance of servicing the customer, continue to invest in acquired companies, and have a thoughtful approach to integration. Maroon Group was the right partner to continue the legacy of our family’s company.”
