HOOFDDORP, The Netherlands — Barentz International (Barentz), a leading global distributor of life science ingredients, has entered into a definitive agreement to acquire Maroon Group, one of North America's leading specialty distributors. Maroon operates at a broad national level in the U.S. market as well as across Canada. The acquisition, which is expected to close this quarter, will expand Barentz's activities and is aligned with the company’s strategy to become a global leader in the life science and broader specialty chemical industries.
Maroon Group is a world-class distributor and one of the largest specialty suppliers to the HI&I, personal care and pharmaceutical, food and nutrition, and CASE markets across North America. Founded in 1977 and based in Avon, Ohio, Maroon generates an annual turnover of approximately $500 million and has approximately 300 employees. With leading industry experts, technical know-how, and several specialized application laboratories, Maroon shares Barentz's focus on leveraging industry and technical knowledge to support its suppliers' and customers' business development. Maroon will fit seamlessly into Barentz's global product portfolio and will have access to synergistic business development opportunities across all of North America.