AVON, Ohio—Maroon Group L.L.C. has acquired Amsyn L.L.C., a distributor of specialty chemicals in the coatings, lubricants, nutraceutical, pharmaceutical and electronics industries. Terms of the deal were not disclosed.
The details of the acquisition were not disclosed, according to a Maroon Group news release.
The acquisition reinforces Maroon Group's position in its core markets and fits well within its specialty chemicals and ingredients portfolio, Maroon Group CEO Terry Hill said in the release.
"Amsyn's ability to distinguish itself as a leading provider of technical solutions has resulted in close integration within its customers' supply chains," he said.
Amsyn's management team, including President Thomas Castrovinci, will continue to manage the day-to-day business, Maroon Group said. The company's technical capabilities and global supplier relationships will be added to Maroon's existing range and targeted growth strategy.
Amsyn distributes specialty chemicals and intermediates, and also provides a differentiated service offering with custom synthesis and formulation services, consultative support and global sourcing capabilities, Maroon Group said.
Maroon Group, based in Avon, is a distributor of specialty chemicals and ingredients in North America. Its markets include coatings, adhesives, sealants and elastomers; plastics; and specialty intermediates, among others..