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Maroon Group

Full company profile

uuid000997g

Namestring
Maroon Group
Legal namestring
Maroon Group
Company typeenum
Private
Founded yearint
1977
Descriptiontext

Maroon Group is a privately held, US-based specialty ingredients and chemicals distributor founded in 1977, headquartered in Avon, Ohio (1390 Jaycox Road, 44011). The company operates within the Barentz platform under the Barentz US brand and functions as a B2B distributor of life science ingredients and specialty chemicals serving industrial end markets. According to the supplied source data, the company runs 10 operating verticals: Performance Materials, Human Nutrition, Pharmaceuticals, Personal Care, Animal Nutrition, CASE & Plastics, Lubricants, Household Care/Industrial & Institutional Cleaning (HI&I), Energy, and Synthesis Solutions. Customer engagement is organized vertically rather than by size or channel, with primary verticals being pharmaceuticals, personal care, human nutrition, animal nutrition, and CASE/plastics, and secondary verticals including lubricants, HI&I cleaning, energy, and synthesis solutions.

The company's core technology and infrastructure is built around its Technical Laboratory Solutions Centers, which provide formulation development, product testing, and regulatory support across multiple verticals. Maroon Group maintains distribution partnerships with 25+ named principal suppliers including BASF Care Chemicals, Croda Inc., Evonik (multiple divisions), Roquette, Cargill, Ashland, Clariant, Celanese, Givaudan, Huntsman, Avantor, Arxada, Aurorium, Diamond V, Mallinckrodt Pharmaceuticals, MEGGLE, Shin-Etsu, Syensqo, Universal Matter, SNF, Buckman Laboratories, Pilot Chemical, Italmatch Chemicals, Innospec, and ChemMet Maroon Group. Go-to-market is consultative and sales-led, executed by a direct technical sales team providing formulation and regulatory guidance to enterprise customers across North America.

The business model is transaction-based B2B distribution: Maroon Group generates revenue by purchasing specialty ingredients from principals and reselling them to industrial customers, with technical and regulatory support bundled into the supply relationship. Pricing is quote-based and negotiated on a per-customer/per-product basis, with multi-year contracts. The growth posture has been heavily inorganic — nine acquisitions were completed between 2015 and 2019 (D.B. Becker Co., CNX Distribution Inc., U.S. Chemicals, Cadence Chemical, Lincoln Fine Ingredients, Seidler Chemical, J. Tech Sales, Amsyn, and Cambrian Solutions) — consistent with a roll-up strategy into a multi-vertical specialty distribution platform.

Short descriptiontext

Maroon Group is a US-based specialty ingredients and chemicals distributor, operating as Barentz US, serving pharmaceutical, personal care, nutrition, animal nutrition, CASE/plastics, lubricants, HI&I, energy, and synthesis customers across North America.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersAvon, United States
HQ citystring
Avon
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
specialty ingredients distribution, specialty chemicals supply, life science ingredients, personal care ingredients, pharmaceutical excipients distribution
Industry1 code
1Food-Grade Additives & Functional Ingredients Trading/Wholesale
CodeAFAIAKAIPrimaryYes
NAICS code3 codes
  • Chemical and Allied Products Merchant Wholesalers4246
  • Other Chemical and Allied Products Merchant Wholesalers42469
  • Drugs and Druggists' Sundries Merchant Wholesalers424210
SIC code2 codes
  • Wholesale-Chemicals & Allied Products5160
  • Wholesale-Drugs, Proprietaries & Druggists' Sundries5122
Product category
Specialty Ingredients Distribution
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Specialty Ingredients Distribution
TypeTransaction Fee
Description

Distribution of life science ingredients and specialty chemicals to customers across multiple vertical markets. Revenue generated through the sale of ingredients with technical and regulatory support services bundled with product supply.

barentz-na.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details1 tier
1Quote-based B2B pricing
ModelOtherBilling cadenceMulti-year contract
Notes

Pricing not publicly disclosed. Customers contact sales for quotes on specialty ingredients across various verticals.

barentz-na.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Maroon Group distributes specialty ingredients and chemicals to B2B manufacturers across life sciences, personal care, pharmaceuticals, nutrition, and industrial sectors through nine operating verticals (Performance Materials, Human Nutrition, Pharmaceuticals, Personal Care, Animal Nutrition, CASE & Plastics, Lubricants, HI&I Cleaning, and Synthesis Solutions). Distribution is paired with Technical Laboratory Solutions Centers that deliver formulation, testing, and regulatory support bundled with ingredient supply from a global supplier base.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Maroon Group, operating as Barentz US, is a global specialty ingredients solution provider distributing life science ingredients and specialty chemicals. The company operates as a unified platform with multiple operating verticals that work together to serve diverse end markets. The core offering consists of 10 specialized divisions: Performance Materials, Human Nutrition, Pharmaceuticals, Personal Care, Animal Nutrition, CASE & Plastics, Lubricants, Household Care/Industrial & Institutional Cleaning (HI&I), Energy, and Synthesis Solutions. These verticals provide technical and regulatory support, global sourcing and logistics, and creative ingredient solutions to help customers meet formulary needs and achieve sustainability goals.

Product and service11 records
1Performance Materials
CategorySpecialty Ingredients Distribution — Operating Vertical
Description

Distribution of specialty ingredients and chemical solutions that enhance product performance for industrial and consumer product manufacturers across multiple end markets.

2Human Nutrition
CategorySpecialty Ingredients Distribution — Operating Vertical
Description

Distribution of nutrition and taste ingredients from world-class suppliers for food, beverage, nutraceutical, dairy alternatives, meat alternatives, bakery, confectionery, and dietary supplement applications.

3Pharmaceuticals
CategorySpecialty Ingredients Distribution — Operating Vertical
Description

Distribution of world-class pharmaceutical ingredients and excipients alongside deep technical knowledge and highest quality standards for pharmaceutical and biopharmaceutical manufacturers.

4Personal Care
CategorySpecialty Ingredients Distribution — Operating Vertical
Description

Distribution of skin care, hair care, and cosmetic ingredients, actives, and preservatives with creative sourcing, formulation, and delivery support for personal care and cosmetics manufacturers.

5Animal Nutrition
CategorySpecialty Ingredients Distribution — Operating Vertical
Description

Distribution of sustainable animal feed additives and nutrition ingredients that improve animal performance and well-being for the animal nutrition industry.

6CASE & Plastics
CategorySpecialty Ingredients Distribution — Operating Vertical
Description

Distribution of specialty ingredients for coatings, adhesives, sealants, elastomers, plastics, polyurethanes, composites, and related performance materials applications.

7Lubricants
CategorySpecialty Ingredients Distribution — Operating Vertical
Description

Distribution of specialty ingredients and solutions for industrial and automotive lubricants, greases, metalworking fluids, industrial oils, and synthetic lubricants.

8Household Care, Industrial & Institutional Cleaning (HI&I)
CategorySpecialty Ingredients Distribution — Operating Vertical
Description

Distribution of ingredients and formulations for household care, industrial cleaning, institutional cleaning, disinfection, and sanitization applications.

9Energy
CategorySpecialty Ingredients Distribution — Operating Vertical
Description

Distribution of specialty chemicals and ingredients for oil and gas drilling, completions, cementing, batteries, and renewable energy applications.

10Synthesis Solutions
CategorySpecialty Ingredients Distribution — Operating Vertical
Description

Distribution of specialty chemical intermediates and custom synthesis/manufacturing solutions for specialty chemical synthesis applications.

11Technical Laboratory Solutions Centers
CategoryTechnical and Regulatory Services
Description

In-house technical laboratory services supporting product formulation, testing, and development for customers across life sciences, personal care, pharmaceuticals, nutrition, and industrial verticals.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

North American specialty and commodity chemicals distributor serving industrial, personal care, and HI&I markets. Comparable as a regional specialty distributor with multi-vertical coverage.

TypeDirect peer
Description

Global specialty ingredients and chemicals distributor with vertical-aligned segments in life sciences, personal care, and industrial chemicals. Directly comparable on vertical-vertical structure and lab/formulation services.

TypeEmerging player
Description

Specialty chemicals and ingredients distributor serving personal care, food, and industrial markets. Smaller and more regional than Maroon, but overlapping specialty ingredients and formulation support.

TypeDirect peer
Description

Global specialty chemicals and ingredients distributor serving personal care, pharma, food ingredients, and industrial markets across North America. Closest comparable on multi-vertical specialty ingredient distribution with technical service overlay.

5Terra Firma Ingredients
TypeEmerging player
Description

Specialty ingredients distributor focused on nutrition and personal care categories. Partial overlap with Maroon's Human Nutrition and Personal Care verticals as a niche specialty player.

TypeDirect peer
Description

World's largest chemical distribution company with full-line coverage of specialty and commodity chemicals and ingredients. Highly comparable on multi-vertical specialty distribution scale and principal-supplier portfolio model.

TypeDirect peer
Description

Specialty ingredients and chemicals distributor serving food, personal care, pharma, and industrial end markets in North America. Comparable on multi-vertical specialty distribution with technical and formulation support.

TypeEmerging player
Description

Specialty chemicals and ingredients distributor focused on personal care, HI&I, and food in North America. Comparable as a smaller-scale specialty distributor with overlapping verticals.

TypeDirect peer
Description

Asia-Pacific focused specialty ingredients and chemicals distributor owned by Wilmar, with growing North American presence. Comparable as a global specialty distributor with vertical-aligned segments including personal care and nutrition.

TypeDirect peer
Description

European-headquartered specialty chemicals and ingredients distributor with strong technical and formulation support across personal care, pharma, food, and industrial specialties. Closest comparable for the value-added, technical-sales-led business model.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment9 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A9 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Maroon Group

Specialty Ingredients Distributionmaroongroupllc.com

Maroon Group is a US-based specialty ingredients and chemicals distributor, operating as Barentz US, serving pharmaceutical, personal care, nutrition, animal nutrition, CASE/plastics, lubricants, HI&I, energy, and synthesis customers across North America.

What Maroon Group does

Maroon Group is a privately held, US-based specialty ingredients and chemicals distributor founded in 1977, headquartered in Avon, Ohio (1390 Jaycox Road, 44011). The company operates within the Barentz platform under the Barentz US brand and functions as a B2B distributor of life science ingredients and specialty chemicals serving industrial end markets. According to the supplied source data, the company runs 10 operating verticals: Performance Materials, Human Nutrition, Pharmaceuticals, Personal Care, Animal Nutrition, CASE & Plastics, Lubricants, Household Care/Industrial & Institutional Cleaning (HI&I), Energy, and Synthesis Solutions. Customer engagement is organized vertically rather than by size or channel, with primary verticals being pharmaceuticals, personal care, human nutrition, animal nutrition, and CASE/plastics, and secondary verticals including lubricants, HI&I cleaning, energy, and synthesis solutions.

The company's core technology and infrastructure is built around its Technical Laboratory Solutions Centers, which provide formulation development, product testing, and regulatory support across multiple verticals. Maroon Group maintains distribution partnerships with 25+ named principal suppliers including BASF Care Chemicals, Croda Inc., Evonik (multiple divisions), Roquette, Cargill, Ashland, Clariant, Celanese, Givaudan, Huntsman, Avantor, Arxada, Aurorium, Diamond V, Mallinckrodt Pharmaceuticals, MEGGLE, Shin-Etsu, Syensqo, Universal Matter, SNF, Buckman Laboratories, Pilot Chemical, Italmatch Chemicals, Innospec, and ChemMet Maroon Group. Go-to-market is consultative and sales-led, executed by a direct technical sales team providing formulation and regulatory guidance to enterprise customers across North America.

The business model is transaction-based B2B distribution: Maroon Group generates revenue by purchasing specialty ingredients from principals and reselling them to industrial customers, with technical and regulatory support bundled into the supply relationship. Pricing is quote-based and negotiated on a per-customer/per-product basis, with multi-year contracts. The growth posture has been heavily inorganic — nine acquisitions were completed between 2015 and 2019 (D.B. Becker Co., CNX Distribution Inc., U.S. Chemicals, Cadence Chemical, Lincoln Fine Ingredients, Seidler Chemical, J. Tech Sales, Amsyn, and Cambrian Solutions) — consistent with a roll-up strategy into a multi-vertical specialty distribution platform.

Maroon Group firmographics

Firmographics
Name
Maroon Group
Legal name
Maroon Group
Website
https://maroongroupllc.com
Company type
Private
Founded year
1977
Operating status
Operating
Headcount range
251–500 employees
Short description
Maroon Group is a US-based specialty ingredients and chemicals distributor, operating as Barentz US, serving pharmaceutical, personal care, nutrition, animal nutrition, CASE/plastics, lubricants, HI&I, energy, and synthesis customers across North America.
Ownership category
akta.pro rank

Maroon Group industry classification

Industry
Product category
Specialty Ingredients Distribution
NAICS
Chemical and Allied Products Merchant Wholesalers (4246), Other Chemical and Allied Products Merchant Wholesalers (42469), Drugs and Druggists' Sundries Merchant Wholesalers (424210)
SIC
Wholesale-Chemicals & Allied Products (5160), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
akta.pro primary industry
Food-Grade Additives & Functional Ingredients Trading/Wholesale (AFAIAKAI)

Keywords

  • Specialty ingredients distribution
  • Specialty chemicals supply
  • Life science ingredients
  • Personal care ingredients
  • Pharmaceutical excipients distribution

Where Maroon Group is headquartered

Location

Headquarters

HQ city
Avon
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Maroon Group business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Specialty Ingredients Distribution: Distribution of life science ingredients and specialty chemicals to customers across multiple vertical markets. Revenue generated through the sale of ingredients with technical and regulatory support services bundled with product supply.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractQuote-based B2B pricing

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Maroon Group product offering

Product offering

Core offering

Maroon Group distributes specialty ingredients and chemicals to B2B manufacturers across life sciences, personal care, pharmaceuticals, nutrition, and industrial sectors through nine operating verticals (Performance Materials, Human Nutrition, Pharmaceuticals, Personal Care, Animal Nutrition, CASE & Plastics, Lubricants, HI&I Cleaning, and Synthesis Solutions). Distribution is paired with Technical Laboratory Solutions Centers that deliver formulation, testing, and regulatory support bundled with ingredient supply from a global supplier base.

Product overview

Maroon Group, operating as Barentz US, is a global specialty ingredients solution provider distributing life science ingredients and specialty chemicals. The company operates as a unified platform with multiple operating verticals that work together to serve diverse end markets. The core offering consists of 10 specialized divisions: Performance Materials, Human Nutrition, Pharmaceuticals, Personal Care, Animal Nutrition, CASE & Plastics, Lubricants, Household Care/Industrial & Institutional Cleaning (HI&I), Energy, and Synthesis Solutions. These verticals provide technical and regulatory support, global sourcing and logistics, and creative ingredient solutions to help customers meet formulary needs and achieve sustainability goals.

Differentiator

Problem solved

Functional benefit

Products and services

  • Performance Materials Distribution of specialty ingredients and chemical solutions that enhance product performance for industrial and consumer product manufacturers across multiple end markets.
  • Human Nutrition Distribution of nutrition and taste ingredients from world-class suppliers for food, beverage, nutraceutical, dairy alternatives, meat alternatives, bakery, confectionery, and dietary supplement applications.
  • Pharmaceuticals Distribution of world-class pharmaceutical ingredients and excipients alongside deep technical knowledge and highest quality standards for pharmaceutical and biopharmaceutical manufacturers.
  • Personal Care Distribution of skin care, hair care, and cosmetic ingredients, actives, and preservatives with creative sourcing, formulation, and delivery support for personal care and cosmetics manufacturers.
  • Animal Nutrition Distribution of sustainable animal feed additives and nutrition ingredients that improve animal performance and well-being for the animal nutrition industry.
  • CASE & Plastics Distribution of specialty ingredients for coatings, adhesives, sealants, elastomers, plastics, polyurethanes, composites, and related performance materials applications.
  • Lubricants Distribution of specialty ingredients and solutions for industrial and automotive lubricants, greases, metalworking fluids, industrial oils, and synthetic lubricants.
  • Household Care, Industrial & Institutional Cleaning (HI&I) Distribution of ingredients and formulations for household care, industrial cleaning, institutional cleaning, disinfection, and sanitization applications.
  • Energy Distribution of specialty chemicals and ingredients for oil and gas drilling, completions, cementing, batteries, and renewable energy applications.
  • Synthesis Solutions Distribution of specialty chemical intermediates and custom synthesis/manufacturing solutions for specialty chemical synthesis applications.
  • Technical Laboratory Solutions Centers In-house technical laboratory services supporting product formulation, testing, and development for customers across life sciences, personal care, pharmaceuticals, nutrition, and industrial verticals.

Companies that use Maroon Group

Customer profile

Segments9 records

Ideal customer profiles4 records

Maroon Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Maroon Group partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Maroon Group competitors and assessment

Company assessment

Direct peers

  • Harcros Chemicals: North American specialty and commodity chemicals distributor serving industrial, personal care, and HI&I markets. Comparable as a regional specialty distributor with multi-vertical coverage.
  • Azelis Group: Global specialty ingredients and chemicals distributor with vertical-aligned segments in life sciences, personal care, and industrial chemicals. Directly comparable on vertical-vertical structure and lab/formulation services.
  • Univar Solutions: Global specialty chemicals and ingredients distributor serving personal care, pharma, food ingredients, and industrial markets across North America. Closest comparable on multi-vertical specialty ingredient distribution with technical service overlay.
  • Brenntag: World's largest chemical distribution company with full-line coverage of specialty and commodity chemicals and ingredients. Highly comparable on multi-vertical specialty distribution scale and principal-supplier portfolio model.
  • Caldic North America: Specialty ingredients and chemicals distributor serving food, personal care, pharma, and industrial end markets in North America. Comparable on multi-vertical specialty distribution with technical and formulation support.
  • Connell Brothers (Wilmar): Asia-Pacific focused specialty ingredients and chemicals distributor owned by Wilmar, with growing North American presence. Comparable as a global specialty distributor with vertical-aligned segments including personal care and nutrition.
  • IMCD N.V. European-headquartered specialty chemicals and ingredients distributor with strong technical and formulation support across personal care, pharma, food, and industrial specialties. Closest comparable for the value-added, technical-sales-led business model.

Emerging players

  • ICC Chemical: Specialty chemicals and ingredients distributor serving personal care, food, and industrial markets. Smaller and more regional than Maroon, but overlapping specialty ingredients and formulation support.
  • Terra Firma Ingredients: Specialty ingredients distributor focused on nutrition and personal care categories. Partial overlap with Maroon's Human Nutrition and Personal Care verticals as a niche specialty player.
  • Tilley Distribution: Specialty chemicals and ingredients distributor focused on personal care, HI&I, and food in North America. Comparable as a smaller-scale specialty distributor with overlapping verticals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Maroon Group social profiles

Digital presence

Maroon Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Maroon Group leadership team

Management profile

Number of profiles

Maroon Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Maroon Group M&A and investment

M&A and investment

M&A9 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maroon Group

What does Maroon Group do?

Maroon Group distributes specialty ingredients and chemicals to B2B manufacturers across life sciences, personal care, pharmaceuticals, nutrition, and industrial sectors through nine operating verticals (Performance Materials, Human Nutrition, Pharmaceuticals, Personal Care, Animal Nutrition, CASE & Plastics, Lubricants, HI&I Cleaning, and Synthesis Solutions). Distribution is paired with Technical Laboratory Solutions Centers that deliver formulation, testing, and regulatory support bundled with ingredient supply from a global supplier base.

Is Maroon Group a public or private company?

Maroon Group is a private company. It is classified as unknown and is currently operating.

When was Maroon Group founded?

Maroon Group was founded in 1977. It employs 251 to 500 people.

Where is Maroon Group based?

Maroon Group is headquartered in Avon, United States, in the North America region.

How does Maroon Group make money?

One revenue line is on record: specialty Ingredients Distribution.

Who are Maroon Group's main competitors?

Direct peers on record are Harcros Chemicals, Azelis Group, Univar Solutions, Brenntag, Caldic North America, Connell Brothers (Wilmar) and IMCD N.V.. Emerging players are ICC Chemical, Terra Firma Ingredients and Tilley Distribution.

Does Maroon Group have an API?

No public API is recorded for Maroon Group.

What industry is Maroon Group in?

Maroon Group's product category is Specialty Ingredients Distribution. Its primary akta.pro industry code is AFAIAKAI, Food-Grade Additives & Functional Ingredients Trading/Wholesale. Its NAICS code is 4246 and its SIC code is 5160.

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Live signals
PR NewswireCI Capital Backed Maroon Group To Be Acquired by BarentzPrivate equity firm CI Capital Partners announced that its portfolio company Maroon Group, a distributor of life science ingredients and specialty chemicals headquartered in Avon, Ohio, has entered into a definitive agreement to be acquired by Barentz International, a global life science distributor and portfolio company of Cinven. Under CI Capital's ownership since 2014, Maroon Group completed 11 add-on acquisitions, expanded from a regional distributor to a leading North American distributor, and grew revenues by over 450%, now serving more than 5,700 customers across the U.S. and Canada with over 6,000 products. The transaction, expected to close later in 2020, is subject to customary closing conditions and financial terms were not disclosed.PR NewswireCI Capital's Maroon Group Acquires Specialty Chemicals Distributor Amsyn, LLCCI Capital's Maroon Group has acquired Amsyn, LLC, a national distributor of specialty chemicals based in Nashua, New Hampshire. The transaction allows Amsyn to leverage Maroon Group's infrastructure and scale while its management team continues day-to-day operations. This acquisition marks another addition to Maroon Group's portfolio under CI Capital's ownership since 2014.PR NewswireMaroon Group Announces Executive Succession PlansMaroon Group, LLC announced that Terry Hill will succeed Mark Reichard as CEO effective May 1, 2019, with Reichard transitioning to Executive Vice Chairman while retaining key customer and supplier relationships. Under Reichard's 37-year leadership, the company grew from $25 million to over $420 million in annual sales, becoming the third largest specialty chemicals distributor in the United States. Concurrent with the transition, Mike McKenna will add the role of President to his existing COO responsibilities.PR NewswireMaroon Group LLC Acquires Lincoln Fine IngredientsMaroon Group LLC, a specialty chemical distributor in North America, has acquired Lincoln Fine Ingredients, a national distributor of specialty chemicals based in Lincoln, Rhode Island. This acquisition represents Maroon Group's ongoing strategy to expand through partnerships, marking its sixth acquisition in less than three years. The deal is expected to enhance Maroon Group's presence in various industries that Lincoln Fine Ingredients has served for over 40 years.PR NewswireMaroon Group Acquires CNX DistributionMaroon Group LLC announced the acquisition of CNX Distribution, a Southwestern United States specialty chemical distributor based in Hurst, Texas. CNX Distribution, founded in 2006, supplies raw materials for the CASE, plastics, oil & gas and chemical processing industries, and its management team will remain in place under Jay McHugh and Bill Ward. This marks Maroon Group's third acquisition in 15 months, with CI Capital Partners, a New York-based private equity firm that owns Maroon Group, involved in the transaction.FinSMEsMaroon Receives Majority Investment from CI Capital PartnersMaroon, an Avon, Ohio-based specialty chemicals distributor, received a majority investment from CI Capital Partners. The transaction amount was not disclosed, and Maroon's management team retains a significant equity interest. Maroon supplies additives, resins, pigments, and packaging to nearly 900 North American customers.