AVON, OH – Maroon Group LLC announced that it has acquired Cambrian Solutions Inc., a distributor of specialty ingredients and chemicals based in Oakville, Ontario. This marks Maroon Group’s tenth add-on acquisition and significantly extends the company’s North American footprint, providing Maroon with distribution capabilities across key end markets in Canada.
Established in 1995, Cambrian Solutions offers a broad portfolio of specialty ingredients and chemicals to customers in the naturals and organics; food; household, industrial and institutional; health ingredients; personal care; petroleum; pulp and paper; and industrial markets. In addition to broadening its North American network of customers, suppliers and facilities, this acquisition reinforces Maroon Group's focus on providing differentiated value-added capabilities to customers’ and principals’ supply chains through technical proficiency, formulary expertise and client solutions laboratories. Cambrian’s leadership team will continue to actively manage the business on a day-to-day basis while leveraging Maroon Group’s global network of resources.
“This transformational acquisition for our organization aligns with our strategic priorities of targeted aggressive growth and market leadership in strategic end markets,” said Terry Hill, CEO of Maroon Group. “We’ve admired Cambrian Solutions for several years due to the quality of their team, their culture, and the innovative solutions that they deliver. We are honored to carry on the legacy that Peter, Brenda, Mike, Greg and the entire Cambrian team has built and are excited about the tremendous short- and long-term commercial opportunities available to us through the combination of our organizations. This firmly establishes Maroon Group’s foothold in Canada and will serve as another platform for growth,” Hill added.