TWINSBURG, Ohio—HB Chemical Corp., a subsidiary of Ravago Holdings Inc., has acquired Cleveland-based J. Drasner and Co. Inc., expanding a long-standing relationship between the two companies that started more than 20 years ago.
Terms of the acquisition, finalized March 1, were not disclosed.
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"Many of J. Drasner customers are also HB customers, and we are excited to work side by side to bring both of our companies together, delivering a seamless transition," said Joe Moran, vice president of Twinsburg-based HB Chemical.
While HB Chemical is a chemical supplier for the rubber, plastics and coating industries, J. Drasner supplies low melting batch inclusion film and bags for similar industries.