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."