February 1 2021, David R Brown
JNS-SmithChem buys southeast US specialty chemicals distributor, CheMarCo
JNS-SmithChem, a full-line distributor of specialty chemicals and additives, has acquired CheMarCo Inc., a specialty regional distributor based in Greenville, SC. The acquisition will significantly expand the scope and sales coverage of JNS-Smithchem, while providing both companies complementary product lines to deepen the connection with their existing customer base, according to company executives.
This acquisition supports the growth initiatives of JNS-SmithChem and gives us a much stronger and more sustainable organization well positioned for the futureDarren Jachts
Founded in 1981, CheMarCo has established its reputation in specialty chemical distribution through product and technical expertise, and reliability among its network of strong supplier and customer relationships, according to JNS-SmithChem, which represents over 30 different raw material manufacturers.
“ This acquisition supports the growth initiatives of JNS-SmithChem and gives us a much stronger and more sustainable organization well positioned for the future,” said Darren Jachts, CEO, JNS-Smithchem. “We look forward to leveraging each company’s established presence and market expertise through our expanded scope and geographic footprint, while still maintaining the level of service offered by a regional distributor.”
“JNS-SmithChem and CheMarCo share a similar vision for continued growth and commitment to technical sales and service excellence,” added Martin Carter, president, CheMarCo. “We can now offer even greater value to our suppliers and customers with the same exceptional customer support they have depended on for the past 40 years.”
The expanded distribution territory for JNS-SmithChem now covers 26 states, including the entire east coast, from New England to Florida and west to Ohio, Oklahoma and Texas.
New Jersey headquartered, JNS SmithChem is a full-service specialty distributor of raw materials, chemicals, and packaging focused on the paints, coatings, inks, adhesives, building materials, plastics, rubber and additives markets. The company supplies resins, minerals, fillers, additives, pigments and other specialty chemicals from 6 warehouses located in Northeast and Southwest USA. In 2019, JNS-SmithChem had revenues of around USD 30 million.
Source(s): JNS-SmithChem Press Release