Avon-based Maroon Group LLC has acquired Cambrian Solutions Inc., an Oakville, Ontario, Canada-based distributor of specialty ingredients and chemicals. This marks Maroon Group’s 10th add-on acquisition and significantly extends the company’s North American footprint, giving Maroon extended distribution capabilities across key end markets in Canada.
In addition to broadening its North American network of customers, suppliers, and facilities, this acquisition reinforces Maroon’s focus on providing differentiated value-added capabilities to customers’ and principals’ supply chains through technical proficiency, formulary expertise, and client solutions laboratories.
Cambrian Solutions offers a broad portfolio of specialty ingredients and chemicals to customers in the Naturals and Organics; Food; Household, Industrial and Institutional; Health Ingredients; Personal Care; Petroleum; Pulp & Paper; and Industrial markets.
Cambrian’s leadership team will continue to actively manage the business on a day-to-day basis while leveraging Maroon Group’s global network of resources.
Since CI Capital’s June 2014 investment, Maroon Group has completed 10 add‐on acquisitions and has grown its revenue sixfold. Most recently in July, Maroon Group acquired New Hampshire based Amysn, LLC, a national distributor of specialty chemicals to the coatings, lubricants, nutraceutical, pharmaceutical, and electronics markets. In May 2018, Maroon Group completed the acquisition of J. Tech Sales, a national distributor of chemicals and ingredients to the HI&I, Food & Beverage, and Coatings markets. Today, Maroon Group employs more than 100 technical sales professionals throughout North America and provides a broad portfolio of specialty products, value-add service offerings, and formulary support via market-focused centers of excellence.