09.20.17
Maroon Group LLC announced that it has acquired Seidler Chemical, a specialty chemicals and ingredients distributor based in Newark, NJ. Seidler’s management team, led by Richard and Martha Seidler, will remain in place and continue to actively manage the business. Terms of the transaction were not disclosed.
Established in 1896, Seidler Chemical supplies specialty chemicals & ingredients and value-add services to the pharmaceutical, high purity electronic, industrial, and food & beverage industries. Going forward, the Seidlers’ deep experience, differentiated market insights, and value-added capabilities will be instrumental in executing Maroon’s strategy.
“We are thrilled about the opportunity to work with Rich, Martha, and their team and welcome a company with a 120-year history to Maroon Group,” said Mark E. Reichard, president and CEO of Maroon Group. “This acquisition allows us to expand our value-add service offering and build additional scale in attractive end markets.”
“We’re excited to be part of an organization like Maroon Group that shares our focus on customer success,” added Rich Seidler, president of Seidler Chemical. “Providing stability for our employees, customers, and suppliers was a priority when Martha and I set out on this course. Maroon has a proven track record of success as it relates to acquiring businesses like Seidler. They understand the importance of servicing the customer, continue to invest in acquired companies, and have a thoughtful approach to integration. Maroon Group was the right partner to continue the legacy of our family’s company.”
Established in 1896, Seidler Chemical supplies specialty chemicals & ingredients and value-add services to the pharmaceutical, high purity electronic, industrial, and food & beverage industries. Going forward, the Seidlers’ deep experience, differentiated market insights, and value-added capabilities will be instrumental in executing Maroon’s strategy.
“We are thrilled about the opportunity to work with Rich, Martha, and their team and welcome a company with a 120-year history to Maroon Group,” said Mark E. Reichard, president and CEO of Maroon Group. “This acquisition allows us to expand our value-add service offering and build additional scale in attractive end markets.”
“We’re excited to be part of an organization like Maroon Group that shares our focus on customer success,” added Rich Seidler, president of Seidler Chemical. “Providing stability for our employees, customers, and suppliers was a priority when Martha and I set out on this course. Maroon has a proven track record of success as it relates to acquiring businesses like Seidler. They understand the importance of servicing the customer, continue to invest in acquired companies, and have a thoughtful approach to integration. Maroon Group was the right partner to continue the legacy of our family’s company.”