Cathay Pigments - Acquisition of Hoover Color
Leading global iron oxide pigment manufacturer Cathay Industries has agreed to acquire Hoover Color Corporation (Hiwassee, VA) for an undisclosed amount.
Avon, Ohio – May 2, 2016 – Maroon Group LLC announced that it has acquired U.S. Chemicals, a national distributor of specialty chemicals based in Darien, CT. U.S. Chemicals’ management team will remain in place and continue to actively manage the business.
Distributor of the Year Award Announcement
The Huntsman Corporation, Polyurethane’s Division, Distributor of the Year Award for Sales Growth was awarded to D.B. Becker during this year’s 2016 World of Concrete exhibition in Las Vegas, NV.
Daniel T. Canavan III, Vice President of D.B. Becker (a Maroon Group LLC Company), accepted the Huntsman Distributor of the Year Award for North America. Dr. Daniel Rosenvasser, Al Loosevelt and David Zabinski presented the award.
“Over the past twenty years of working with the Huntsman Corporation, D.B. Becker thanks you for the opportunity to work with such a great organization. This is a great honor for our team! The dedication and hard work of both our internal and sales teams are second to none. We look forward to many successful years in the future,” said Daniel T. Canavan III.
Avon, Ohio – January 18, 2016 – Maroon Group LLC announced today that it has acquired CNX Distribution, a Southwest U.S. distributor of specialty chemicals based in Hurst, Texas. CNX’s management team will remain in place and continue to actively manage the business. Terms of the transaction were not disclosed.
Founded in 2006, CNX Distribution supplies raw materials for the CASE, plastics, oil & gas, and chemical processing industries. CNX has developed an outstanding reputation in the specialty chemical distribution industry and has a proven record of strong supplier and customer relationships through its dedicated team, excellent service, and consistent performance.