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KODA Distribution Group acquires Marcor Development Corp.

Source:Business Wire Release Date:2014-01-14 89
Plastics & Rubber
Marcor Development Corp.is being acquired by KODA Distribution Group (KDG), a leading US specialty chemical distributor.

Marcor Development Corp., a New Jersey-based distributor for more than 35 years of specialty chemicals and naturally derived ingredients for use in nutraceuticals, biologicals, pharmaceuticals and related applications, announced that it is being acquired by KODA Distribution Group (KDG), a leading US specialty chemical distributor.

Marcor will maintain its current management and staff, operating from its Carlstadt, NJ headquarters. Charles Garbarini, President, noted, “We welcome the opportunity to be the foundation of KDG's growth into these markets and look to offer our customers new, expanded product lines and capabilities.”

With the acquisition of Marcor, KDG plans to establish its Pharma / bionutrients business segment.

Headquartered in Stamford, CT, KODA Distribution Group is a leader in specialty chemical distribution, serving customers in CASE as well as Specialty Agricultural (ADAPCO and Red River Specialties), plastics, construction, CARE, lubrication, metalworking, ink and urethanes markets. It is comprised of seven regional companies servicing those markets in the United States: Ribelin Sales, Inc. in the Southwest and Southeast; GMZ in the Ohio Valley/Midwest; P.T. Hutchins in the West; E.W. Kaufmann in the Northeast/Mid-Atlantic as well as: Monson Companies, ADAPCO and Red River Specialties. 

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