09.24.19
Maroon Group LLC announced that it has acquired Cambrian Solutions Inc., a distributor of specialty ingredients and chemicals based in Oakville, Ontario, Canada. This marks Maroon Group’s 10th add-on acquisition and extends the company’s North American footprint, providing Maroon with distribution capabilities across key end markets in Canada.
Established in 1995, 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.
“This transformational acquisition for our organization aligns with our strategic priorities of targeted aggressive growth and market leadership in strategic end markets,” said Terry Hill, CEO of Maroon Group. “We’ve admired Cambrian Solutions for several years due to the quality of its team, its culture, and the innovative solutions that it delivers. We are honored to carry on the legacy that Peter, Brenda, Mike, Greg and the entire Cambrian team has built, and are excited about the tremendous short-and long-term commercial opportunities available to us through the combination of our organizations. This firmly establishes Maroon Group’s foothold in Canada and will serve as another platform for growth.”
“We are thrilled about this opportunity as Maroon Group is an ideal partner for us - sharing our focus on our people, technology, and sustainability,” said Peter Jobling, president of Cambrian Solutions. “We look forward to the stability and growth-oriented resources provided by the Maroon organization while taking this next step in the evolution of our company. We see great opportunities for collaboration between Maroon Group’s technical centers of excellence, our respective commercial teams, and our global sourcing network as we drive value for our customers.”
Established in 1995, 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.
“This transformational acquisition for our organization aligns with our strategic priorities of targeted aggressive growth and market leadership in strategic end markets,” said Terry Hill, CEO of Maroon Group. “We’ve admired Cambrian Solutions for several years due to the quality of its team, its culture, and the innovative solutions that it delivers. We are honored to carry on the legacy that Peter, Brenda, Mike, Greg and the entire Cambrian team has built, and are excited about the tremendous short-and long-term commercial opportunities available to us through the combination of our organizations. This firmly establishes Maroon Group’s foothold in Canada and will serve as another platform for growth.”
“We are thrilled about this opportunity as Maroon Group is an ideal partner for us - sharing our focus on our people, technology, and sustainability,” said Peter Jobling, president of Cambrian Solutions. “We look forward to the stability and growth-oriented resources provided by the Maroon organization while taking this next step in the evolution of our company. We see great opportunities for collaboration between Maroon Group’s technical centers of excellence, our respective commercial teams, and our global sourcing network as we drive value for our customers.”