August 9 2021, David R Brown
Ravago acquires specialty chemical distribution companies Specialty Chemical Sales and JF Shelton from Lorama Group
Ravago Holdings America, Inc. (RHA), a market leader in polymer and chemical distribution, is pleased to announce the acquisition of Specialty Chemical Sales (SCS) of Cleveland, Ohio, and JF Shelton (JFS) of Seattle, Washington. Both SCS and JF Shelton are leading distributors into the Paint, Coatings, Adhesive, and Polymer markets in North America. Both SCS and JFS will continue to be led by their current management teams and run as separate businesses in RHA's subsidiary, Ravago Chemical Distribution, Inc. (Ravago Chemicals).
These companies complement our growing specialty chemical distribution business and help us strengthen our North American footprint
Jim Duffy
CEO of Ravago Holdings America, Inc.
“We are excited to acquire two businesses with strong reputations and demonstrated success of putting employees and customers first,” says Jim Duffy, CEO of RHA. “These companies complement our growing specialty chemical distribution business and help us strengthen our North American footprint.”
Kevin Wettstein, Senior Vice President and General Manager of Ravago Chemicals, believes this is another key step in the growth of Ravago's Chemical distribution business. “We continue to look for strong companies with great people who can help us develop and accelerate our position in the specialty chemical and fine ingredient markets. We have watched the talented teams at SCS and JFS execute on business plans that create long-lasting relationships with their customers and principals. We are excited to have them join our team and bring their skills and experience to our business.”
Specialty Chemical Sales, established in 1995, is a specialty chemical distributor based in Cleveland, Ohio, operating in the Central and eastern parts of the United States and Canada servicing customers in the CASE, Personal Care and Building materials industries. J.F. Shelton is a highly reputable distributor of raw materials and industrial containers headquartered in the western United States servicing the coatings, adhesives, ink, rubber, and food industries in the western parts of the US and Canada for over 45 years.
About Ravago Chemicals
Ravago Chemicals represents market-leading specialty chemical and ingredient producers that allow us to deliver creative, technical solutions along with the highest level of service to more than 17,000 active customers across more than 24 countries worldwide. We are a family company and place a high value on our long-standing relationships with our suppliers, customers, and our colleagues. In North America, Ravago Chemicals has been providing quality, innovation, and sustainability to the specialty chemical and ingredient markets through its family of companies for more than 60 years.
Source(s): Ravago Press Release