Maroon Group Acquires The Cary Co.’s Raw Materials and Specialty Chemicals Distribution Business
AVON, OH – Maroon Group LLC, recently acquired by Barentz International, has acquired the Raw Materials and Specialty Chemicals distribution business of The Cary Co., a specialty distributor in the paint, coatings, adhesives and plastics markets. According to Barentz, the transaction represents an ideal fit with its strategy to support customers and principal suppliers through industry-focused sales and technical teams with dedicated coverage in North America. 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, Illinois.
"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."
Established in 1895, Cary's Raw Materials and Specialty Chemicals distribution business represents a portfolio of blue-chip suppliers and has been providing customers with technical solutions and value-add operational services for over 100 years. As part of Barentz' North American CASE & Plastics vertical, the business will maintain focus on its core markets while leveraging access to Barentz' global footprint, operational infrastructure, and digital capabilities to accelerate growth. Warehousing and logistical services will continue to be provided by Cary, and customers will receive the same high level of service they have come to expect.
"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 for Maroon. "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."
To learn more about Maroon Group LLC, visit www.maroongroupllc.com. For more information about The Cary Co., visit www.thecarycompany.com. For additional information about Barentz International, visit www.barentz.com.
Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!
