M&A Deal Summary

Maroon Group Acquires The Cary - Raw Materials and Specialty Chemicals Distribution Business

On March 4, 2021, Maroon Group acquired chemicals company The Cary - Raw Materials and Specialty Chemicals Distribution Business from The Cary

Acquisition Highlights
  • This is Maroon Group’s 2nd transaction in the Chemicals sector.
  • This is Maroon Group’s 11th transaction in the United States.
  • This is Maroon Group’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2021-03-04
Target The Cary - Raw Materials and Specialty Chemicals Distribution Business
Sector Chemicals
Buyer(s) Maroon Group
Sellers(s) The Cary
Deal Type Divestiture

Target

The Cary - Raw Materials and Specialty Chemicals Distribution Business

Addison, Illinois, United States
The Cary Co.'s Raw Materials and Specialty Chemicals Distribution Business is a provider of specialty chemicals to clients.

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Buyer(S) 1

Buyer

Maroon Group

Avon, Ohio, United States
Category Company
Founded 1977
Sector Chemicals
DESCRIPTION

Maroon Group is a distributor of specialty chemicals (CASE and HI&I) and life science ingredients across North America. Founded in 1977 and based in Avon, Ohio, Maroon Group has a common infrastructure of industry-leading technology, value-added services, global sourcing and logistics network, and a commitment to Creating Customer Success.

DEAL STATS #
Overall 12 of 12
Sector (Chemicals) 2 of 2
Type (Divestiture) 1 of 1
State (Illinois) 2 of 2
Country (United States) 11 of 11
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-01 Holland Chemicals

Burr Ridge, Illinois, United States

Holland Chemicals is a distributor of specialty chemicals and ingredients to the personal care, household & industrial cleaning, food, and industrial markets. Holland Chemicals is based in Burr Ridge, Illinois.

Buy -

Seller(S) 1

SELLER

The Cary

Addison, Illinois, United States
Category Company
Founded 1895
Sector Business Services
DESCRIPTION

The Cary Co. provides containers and packaging, industrial filtration, spill control, and a variety of facility and shipping products to customers in the United States and overseas. The Cary Co. was formed in 1985 and is based in Addison, Illinois.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-02 Three Rivers Packaging

Pittsburgh, Pennsylvania, United States

Three Rivers Packaging is an industrial container and packaging distributor specializing in steel, plastic, and fiber drums and Intermediate Bulk Containers (IBC’s). Three Rivers Packaging was established in 1993 and is based in Pittsburgh, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-19 Quality Container

Salt Lake City, Utah, United States

Quality Container is an industrial container distributor specializing in drums, pails, cans and bottles. Quality Container was founded in 1995 and is based in Salt Lake City, Utah.

Buy -
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