News Article 2014

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February 3 2014, David R Brown

US specialty distributor KODA Distribution Group (KDG) continues its expansion with the addition of The DeWolf Companies

KODA Distribution Group (KDG) has announced that it has acquired The DeWolf Companies (DeWolf Chemical Inc., Glenn Corporation and Tempo Canada ULC), a distributor serving the personal care, colour cosmetic and HI&I markets throughout North America. Headquartered in Warwick, RI, the DeWolf Companies are to form the operating entities within a newly created KODA Care division.

The combined strength of KDG and The DeWolf Companies creates an incredibly dynamic organisation

Hank DeWolf, President of The DeWolf Companies said, “The combined strength of KDG and The DeWolf Companies creates an incredibly dynamic organisation capable of delivering added value to our customers through cutting edge technology, market insight, regulatory compliance, and supply chain and operational excellence. Our ability to leverage KDG's five R&D laboratories to assist our customers in new product development and qualifying alternate raw materials will continue to propel our organisation to the forefront of our industry, delivering real and recognisable value”.

Frank Bergonzi, CEO and President of KODA Distribution Group added, “The resources the KDG organization brings to The DeWolf Companies puts the organisation in an even stronger position to meet supplier, customer, legal, EH&S and regulatory demands of the evolving chemical distribution landscape. The KODA Care market vertical approach provides our suppliers a channel partner with in-depth market expertise, technical excellence and now even more enhanced value-added services, all while allowing our supplier partners the ability to reduce complexity and better manage working capital”.

Hank DeWolf has been named President of the new KODA Care business unit. The deal follows the acquisitions of pharma and bio-nutrition distributor, Marcor Development in January 2014 and Specialty Professional Products (SPP) a few months earlier.

About KODA Distribution Group
Headquartered in Stamford, CT, KODA Distribution Group is a leader in US specialty chemical distribution, serving customers in CASE as well as agricultural, construction, ink, lubricant, personal care, pharmaceuticals, plastics and urethanes markets. KDG is currently comprised of 8 regional companies: Ribelin Sales, Inc. (Southwest &Southeast); GMZ (Ohio Valley/Midwest); P.T. Hutchins (West); and E.W. Kaufmann Northeast/Mid-Atlantic) as well as Monson Companies, ADAPCO and Red River Specialties and Marcor Development.

Source(s): Koda Distribution press release

Further Information

Visit: http://www.kodadistribution.com