Anthony Locicero, Associate editor03.04.21
Maroon Group LLC announced its acquisition of the Raw Materials and Specialty Chemicals distribution business of The Cary Company, a specialty distributor into the paint, coatings, adhesives, and plastics markets.
The management team, led by Brian Ehlert, will continue to actively manage the business on a day-to-day basis and will remain located in Chicago.
“Following the acquisition of Maroon Group in December 2020, we established a platform in North America from which we could pursue targeted growth through strategic acquisitions and expansion opportunities with our principal suppliers,” said Hidde van der Wal, CEO of Barentz. “This transaction exemplifies this strategy and further strengthens our market-leading position in core markets and adds a talented group of employees that we are excited to welcome to our team.”
As part of Barentz’s North American CASE & Plastics vertical, the business will maintain focus on its core markets. Warehousing and logistical services will continue to be provided by The Cary Company.
“The Cary team represents an ideal fit with our culture and go-to-market strategy based on their high-touch service model and a solutions-based selling approach," said Howard Hubert, president of North American Case & Plastics. "When combined with our applications laboratories, national footprint, and global reach, we are well-positioned to create value and drive growth for our principal suppliers and customers.”
