Maroon Group LLC acquired Cadence Chemical, a national distributor of specialty chemicals based in Stamford, CT. Cadence Chemical's management team, led by John Wilson, will remain in place. Mark E. Reichard, President & CEO of Maroon Group, said the acquisition will allow Maroon to accelerate Cadence's growth and build on its historical success. John Wilson commented that Maroon Group's collaborative culture and business model are a good fit with Cadence and will allow them to further expand their business.
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1. FOR IMMEDIATE RELEASE
Avon, Ohio – December 16, 2016 – Maroon Group LLC announced today that it has acquired Cadence Chemical, a
national distributor of specialty chemicals based in Stamford, CT. Cadence Chemical’s management team, led by
John Wilson, will remain in place and continue to actively manage the business. Terms of the transaction were not
disclosed.
Founded in 2004, Cadence supplies specialty intermediates for the CASE, chemical processing, water treatment
and associated industries. Cadence has a fantastic record of strong supplier and customer relationships executed
by a dedicated team. The transaction marks another example of a successful entrepreneur joining the Maroon
team whose experience and market insight will be instrumental in executing Maroon’s strategy going forward.
“We’re pleased to complete this acquisition and welcome Cadence to Maroon Group,” said Mark E. Reichard,
President & CEO of Maroon Group. “John and his team have built an impressive company that shares a similar
business model and values as Maroon. We will be making further investments in the organization to accelerate
their growth and look forward to building upon Cadence’s historical success. The specialty intermediates segment,
serviced by both Cadence and U.S. Chemicals, is an important part of our business and the combination provides a
compelling product and service offering to our customers.”
“The collaborative culture and business model of Maroon Group are a super fit with Cadence,” comments John
Wilson, President of Cadence Chemical. He added, “Maroon has the team and infrastructure in place that will
allow us to further expand our business. The focus that they place on service to the customer is unmatched in our
industry.”
Maroon Group (www.maroongroupllc.com) is one of the fastest growing specialty chemical distributors in North
America. Based in Avon, Ohio, Maroon has thrived on creating success for customers by forming partnerships with
world-class manufacturers and supplying consistent products on time. Customers have come to rely on Maroon’s
technical sales team, exceptional customer service, and global sourcing capabilities. Maroon Group’s portfolio of
companies include Maroon, Cadence Chemical, U.S. Chemicals, CNX Distribution, D.B. Becker, Addipel, and
Polyram USA. The company will continue to explore opportunities to form partnerships with proven entrepreneurs
that have built sustainable, best-in-class distributors of specialty chemicals and ingredients.
For more information, please contact:
Pat Massey
Vice President - Corporate Development
Maroon Group LLC
1390 Jaycox Road
Avon, Ohio 44011
440-937-1000