Maroon Group Acquires Amsyn
Going forward, Maroon reports that Amsyn’s range of technical capabilities and global supplier relationships will be additive to its existing capabilities and targeted growth strategy.
Maroon Group LLC recently announced that it has acquired Amsyn, LLC, a national distributor of specialty chemicals to the coatings, lubricants, nutraceutical, pharmaceutical, and electronics industries. Amsyn’s management team, led by Thomas Castrovinci, will continue to actively manage the business on a day-to-day basis.
Established in 1989, Amsyn’s portfolio of specialty chemicals and intermediates is reportedly supplemented by its differentiated service offering. Through custom synthesis and formulation services, consultative support, and global sourcing capabilities, the company is adapted to meet the full range of customers’ development, commercialization, and distribution needs. Going forward, Maroon reports that Amsyn’s range of technical capabilities and global supplier relationships will be additive to its existing capabilities and targeted growth strategy.
“Amsyn’s ability to distinguish itself as a leading provider of technical solutions has resulted in close integration within its customers’ supply chains,” said Terry Hill, CEO of Maroon Group. “The acquisition reinforces Maroon’s position in core markets and is a great fit within our comprehensive portfolio of specialty chemicals and ingredients. We are thrilled to work with Tom and the Amsyn team. They have fostered strong relationships across the industry, resulting in an impressive track record of growth and a sustainable business model that complements our existing technical capabilities.”
“We are excited to be part of an organization like Maroon Group that shares our focus on providing innovative solutions to customers’ complex problems,” said Tom Castrovinci, president of Amsyn. “We look forward to leveraging Maroon Group’s world-class infrastructure and the scale of a larger organization while maintaining an acute focus that our customers and principal partners have come to expect.”