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May 15, 2018 02:00 AM

Maroon Group buys Florida-based J. Tech Sales

Rachel Abbey McCafferty
Crain's Cleveland Business
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    AVON, Ohio—Maroon Group L.L.C. has acquired J. Tech Sales of Boca Raton, Fla., for an undisclosed amount, according to a news release. Both are distributors of specialty chemicals and ingredients.

    J. Tech Sales serves the household, industrial and institutional; food and beverage; coatings; and personal care markets. The company's management team, led by Jeff Tannenbaum and Barry Tannenbaum, will remain in place, the release said.

    "J. Tech Sales is the pre-eminent specialty chemical and ingredient distributor in the North American HI&I market. This represents a strategic acquisition for us as we build upon existing positions in several core end-markets and continue expanding our value-add service offering," Maroon Group president and CEO Mark E. Reichard said in the release.

    "Jeff, Barry, and the J. Tech team have fostered strong relationships across the industry and have built a sustainable business model that represents a great fit with our culture," he said. "We are thrilled to have them join our team."

     

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