Maroon Group has acquired Holland Chemicals, a value-added distributor of specialty chemicals and ingredients to the personal care, household & industrial cleaning, food, and industrial markets.

WHO: Holland Chemicals has been in business for more than 100 years. Based in Burr Ridge, IL, Holland Chemicals provides a differentiated service offering through its technical sales model, formulary support and development capabilities.

Maroon Group is a leading distributor of specialty chemicals and ingredients across North America. Based in Avon, Ohio, Maroon Group has thrived on creating success for customers by forming partnerships with leading manufacturers and supplying consistent products on time.

IN THEIR OWN WORDS: “This transaction is another example of our commitment to targeted aggressive growth, and we’re thrilled to welcome the Holland Chemicals team to Maroon Group,” said Terry Hill, CEO of Maroon Group. “The business further strengthens our presence in several core end-markets and geographies, and adds depth to our technical and formulary teams.”

“The combination with Maroon Group represents an ideal cultural and strategic fit for our organization,” Rhodes added. “We were able to join a team that is passionate about the industry, is focused on sustainability, and recognizes the importance of creating value for our customers. We look forward to being able to leverage the growth-oriented resources and added stability that Maroon Group provides. We are excited about the opportunity this creates for our employees, customers, and suppliers.”

DETAILS:

• Maroon Group has acquired Holland Chemicals. Terms of the transaction were not disclosed.
• Holland Chemicals’ management team, led by Jonathon Rhodes, will continue to actively manage the business on a day-to-day basis.
• As part of Maroon Group, Holland Chemicals will continue to focus on its core markets while leveraging Maroon’s North American footprint, broad product offering, operational infrastructure, and digital capabilities.