More Consolidation in Distribution
Maroon Group Acquires D.B. Becker Co., Inc.
Avon, Ohio – July 31, 2015 – Maroon Group LLC announced today that it has acquired 100% of the assets of D.B. Becker Co., Inc., an East Coast, USA distributor of specialty chemicals based in Clinton, New Jersey. D.B. Becker’s management team will continue to actively manage the business. Terms of the transaction were not disclosed.
Founded in 1954, D.B. Becker has built an outstanding reputation in the specialty chemical distribution industry and has a legacy of strong supplier and customer relationships through its technical product knowledge, outstanding service and consistent performance. From Maine to Miami, D.B. Becker supplies nearly 1000 customers with an emphasis on high-performance and environmentally friendly raw materials for the paint, ink, coating, adhesive, polyurethane, construction, plastics and allied markets.
“We are honored to complete this acquisition which is our first step in a multi-tiered growth strategy,” said Mark Reichard, President & CEO of Maroon. “D.B. Becker’s management team has built an impressive business through their commitment to excellent customer service. We believe the company is well-positioned to continue its strong growth and we look forward to leveraging each company’s portfolio of products through our expanded geographic footprint.”
Dan Canavan, Sr., D.B. Becker’s President & CEO adds, “Maroon Group and D.B. Becker share a similar vision for continued growth and sales excellence. This acquisition will provide a stronger and more sustainable organization moving ahead.”
Founded in 1977, Maroon has become a leader in the specialty chemical distribution industry and has built deep supplier and customer relationships through its technical product knowledge and consistent on-time delivery of products. Through a network of distribution centers across North America, Maroon supplies nearly 900 customers with more than 30 million pounds of specialty additives, resins and pigments annually, with a focus on the plastics, coatings, composites, graphic arts, rubber and adhesives markets.