Maroon Group Acquires Addipel, LLC
October 22, 2014
Maroon Group, LLC is pleased to announce the acquisition of Addipel, LLC, a custom blender and re-packager based in Avon Lake, Ohio. Since its inception in 2008, Addipel has exhibited a history of growth and is an excellent fit with the business model and culture of Maroon.
“Maroon Group is excited to expand our value added service offering with the acquisition of Addipel,” Mark E. Reichard, President and CEO of Maroon Group, said. “This is a milestone for our organization as Addipel is our first acquisition in our 37-year history. We look forward to consistently delivering organic growth as well as integrating strategic acquisitions that allow us to further develop our product portfolio and create success for our customers and principal partners.”
About Maroon Group LLC
Maroon Group LLC is a leading specialty chemical supplier based in Avon, Ohio. Maroon Group supplies specialty additives, resins, pigments, and packaging to North American manufacturers. Since 1977, Maroon has thrived on creating success for customers by forming partnerships with world-class manufacturers and supplying consistent products on time. Customers have come to rely on Maroon’s technical sales team, exceptional customer service, and global sourcing capabilities. To learn more about Maroon Group, please visit www.maroongroupllc.com , or visit Addipel www.addipel.com.