Ravago Group to Acquire Majority Interest in M. Holland Co.
M. Holland Co., an international distributor of thermoplastic resins and ancillary materials, announced it has reached an agreement to partner with Ravago Group, a leader in polymer recycling and distribution. Ravago Group will acquire a majority interest in M. Holland.
This transaction will enable M. Holland to accelerate its growth strategy, providing the company with greater scale and resources as the plastics industry continues to evolve. The founding Holland family will retain a significant stake in M. Holland, though no other financial terms of the transaction were disclosed. Following the closure of the transaction, M. Holland will continue to operate independently as a subsidiary of the Ravago Group family of companies. M. Holland’s existing management team, including Ed Holland, CEO and chairman of the board, and Marc Fern, COO and president, will continue to lead the company.