Ravago buys specialty chemicals distributor TMC Materials
February 8, 2017 by Canadian Plastics
Ravago Chemical Distribution, a subsidiary of Ravago Holdings America, has purchased specialty chemicals distributor TMC Materials Inc. for an undisclosed amount.
In a statement, Ravago said that Worcester, Mass.-based TMC will continue to operate under its own name.
“With this acquisition of TMC Materials, we establish a strong position on the entire East Coast as we continue to focus our efforts on cultural fit and industry expertise by providing resources to build a world-class North American specialty distributor network,” said Jim Duffy, president and CEO of Ravago Americas.
Founded in 1999, TMC offers chemical products to the adhesives, coatings, cosmetics, inks, paper, elastomerics, plastics, polymer, rubber and textiles industries.
Ravago is a global distributor, reseller, and compounder of plastic resins and rubber. Founded in 1961, Ravago is a privately held family owned company headquartered in the city of Luxembourg. Ravago Americas is based in Orlando, Fla.