Barentz To Acquire Maroon Group - One of the Largest, North American-based Distributors of Life Science Ingredients and Specialty Chemicals
Barentz To Acquire Maroon Group - One of the Largest, North American-based
Distributors of Life Science Ingredients and Specialty Chemicals
Hoofddorp, The Netherlands, October 14th, 2020 - Barentz International (“Barentz”), a leading
global distributor of life science ingredients, has entered into a definitive, written agreement to
acquire Maroon Group (“Maroon”), one of North America’s leading specialty distributors. Maroon
operates at a broad national level in the US market as well as across Canada. The acquisition of
this leading North American platform, which is expected to close this quarter, will expand Barentz’
activities and is aligned with Barentz’ strategy to become a global leader in the life science and
broader specialty chemical industries.
• Maroon Group is a world class distributor and one of the largest specialty suppliers to
the HI&I, personal care & pharmaceutical, food & nutrition, and CASE markets across
• Founded in 1977 and based in Avon, Ohio, Maroon generates an annual turnover of
approximately $500 million and has approximately 300 employees.
• With leading industry experts, unmatched technical know-how, and several specialized
application laboratories, Maroon shares Barentz’ focus on leveraging industry and
technical knowledge to support its suppliers’ and customers’ business development.
• Maroon will fit seamlessly into Barentz’ global product portfolio and will have access to
synergistic business development opportunities across all of North America.
Terry Hill, CEO of Maroon Group, and his entire Management Team will continue to manage the
“Terry Hill brings excellent experience and ‘know-how’. He also knows my home country The
Netherlands and Europe very well and has been highly successful and active in the global
ingredients industry for more than 30 years,” said Hidde van der Wal, CEO of Barentz. “We are
very pleased that he will join the Management Board of Barentz and guide us, with his very
talented team of approximately 300 specialists, towards a smooth continuation of excellence and
growth of both companies.”
According to Mr. Hill, it was a logical decision to join with Barentz. “The deciding factor was that
Barentz is already a global business and this creates tremendous opportunities to strengthen our
business in North America and internationally. Barentz is well-known across the industry, we
share the same philosophy and entrepreneurial DNA, and is the best possible new home for the
stakeholders across our business,” he remarked.
This acquisition will bring a series of synergies. “Our product portfolios are very complementary,”
added Hidde van der Wal. “We have no conflicts of interest and we can learn a lot from each
other. Maroon Group has significant scale in North America - the biggest economy of the world,
where we were small, until today. The combination will immediately make Barentz a leading global
distributor with an excellent opportunity to establish new business segments in North America. It
is a natural combination that enables us to offer quality and expertise to our combined customer
Exact terms of the transaction have not been made public.
Maroon Group is a world class distributor of specialty chemicals (CASE and HI&I) and life science
ingredients across North America. Founded in 1977 and based in Avon, Ohio, Maroon Group has
common infrastructure of industry-leading technology, value-added services, global sourcing and
logistics network, and a commitment to Creating Customer Success®. This operating philosophy
has enabled Maroon Group to offer its 5,000 customers, principal suppliers, and employees with
national capabilities, while maintaining a local focus.
Customers have come to rely on Maroon Group's technical sales team, exceptional customer
service, a network of more than 40 warehouses located throughout North America, formulary
support and global sourcing capabilities. There are three areas in which Maroon excels: consistent
in products, consistent delivery, and consistent supply. Find more information on
Barentz is a leading global life science ingredients distributor for the Human Nutrition,
Pharmaceutical, Personal Care and Animal Nutrition markets. Headquartered in the Netherlands,
Barentz distributes ingredients for products to small- and medium-sized enterprises and large
customers globally. The Group sources branded specialty ingredients from leading manufacturers
worldwide and its ingredients experts provide value-added technical support (including premixing,
blending, ingredient formulation and ingredient testing) from its state-of-the-art,
customized formulation centers and application laboratories in EMEA, the Americas and Asia-
Established in 1953, Barentz has operations in more than 60 countries with a strong presence in
Europe and Asia, and a growing presence in North America and Latin America. Today, the
company employs around 1,100 people worldwide, sources ingredients from top global suppliers
and serves over 15,000 customers. For more information, please visit: www.barentz.com.
Marcel Hölscher, Global Head of Marketing & Communication
email@example.com +31 (0)23 567 34 56
Saturnusstraat 15, 2132 HB Hoofddorp, The Netherlands
Pat Massey, Vice President of Corporate Development
1390 Jaycox Road, Avon, Ohio 44011, USA