Ravago buys resin distributor Bolcof-Port Polymers
California-based Bolcof’s sales territory includes key accounts in Canada.
In what’s shaping up to be a busy month for polymer distributor Ravago Americas LLC, the company has just acquired resin distributor Bolcof-Port Polymers of Azusa, Calif.
The terms of the deal have not been disclosed.
Bolcof will become part of Ravago’s Amco Polymers unit, Orlando, Fla.-based Ravago said in a news release.
Bolcof has been in operation since the 1960s and is described by Ravago as one of the first resin distributors in Southern California.
“We continue to make strategic acquisitions that add to the strength of our distribution companies,” Jim Duffy, the president and CEO of Ravago Holdings Americas, said in the statement. “Bolcof’s portfolio, market understanding and reputation, especially on the West Coast, will both complement and strengthen the Amco business.”
Bolcof’s facility in Azusa will provide Amco with additional on-site rail storage/access, local warehousing, packaging, and van/bulk truck delivery capabilities. Their sales coverage spans most of the western U.S. but also includes key accounts along the East Coast and Canada. Bolcof will continue to operate as they do today until integration into Amco Polymers is completed later this year.
Earlier this month, Ravago acquired I. Stern & Co., a distributor and reseller of commodity resins based in Clark, N.J. Stern will be integrated into Ravago Americas’ North American resale business. And in January, Ravago bought Murfreesboro, Tenn.-based thermoplastics distributor Polymer Technology & Services LLC.