Cary Company exits raw materials and specialty chemicals business
The Cary Company has divested its Raw Materials and Specialty Chemicals distribution business as part of a strategic restructuring to focus on its Containers & Packaging business.
The Raw Materials and Specialty Chemicals business unit has been sold to Maroon Group LLC, recently acquired by Barentz International, and supports Barentz’ strategy to better serve its customers and principal suppliers. The Cary Company will continue to provide Maroon Group LLC warehousing and logistical services.
“This change provides stability to our raw material employees, customers, and principals. Maroon Group provides national distribution coverage with a global backing. Our philosophies mirrored each other, and we had very little product line conflict, which will provide a seamless transition. This also allows us to focus on our future direction,” said Ken Tyrrell, CEO of The Cary Company.
The Cary Company, founded in 1895, provides containers and packaging, industrial filtration, spill control, and a variety of facility and shipping products to customers in the United States and overseas.
INDUSTRIAL SUPPLY MAGAZINE
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