TH Hilson Co. Sells to Ravago Chemical
WHEATON, IL – TH Hilson Co., a specialty chemical distributor, announced the sale of the company to Ravago Chemical, a subsidiary of Ravago Holdings America. The business operation will remain as the TH Hilson Co. with no interruption in the supply of products to customers.
TH Hilson and Ravago engaged in this strategic alliance due to a synergy of philosophy. Ravago is a privately held, family owned business with a rich history in polymer distribution, rubber recycling, and manufacturing. The company has expanded its expertise to chemical distribution throughout Europe and into the Middle East and Africa regions. Ravago hopes to build on the backbone of TH Hilson’s reputation and develop a world-class chemical presence in North America.
“In order to remain viable, relevant and to thrive in the chemical distribution space, TH Hilson needs to offer more to the industry, thus our partnership with Ravago. Ravago chose the TH Hilson Company to help them build a world-class chemical distribution business across North America. It is so exciting to have a partner who embraces our culture and believes in what we can accomplish together. There is so much power behind this relationship, unprecedented in the industry,” said Lori Hilson Cioromski, former President/CEO of TH Hilson. Cioromski will be transitioning to Vice President and General Manager of Chemicals for TH Hilson, reporting to Jim Duffy, President of Ravago Americas.