PRESS RELEASE

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Ravago Holdings America, Inc., acquires Specialty Chemical distribution companies Specialty Chemical Sales and JF Shelton from Lorama Group Inc., based out of Toronto, Canada.

ACQUISITION ANNOUNCEMENT

ORLANDO, Florida, July 31, 2021. – Ravago Holdings America, Inc. (RHA), the market leader in polymer and chemical distribution, is pleased to announce the acquisition of Specialty Chemical Sales (SCS) of Cleveland, Ohio, and JF Shelton (JFS) of Seattle, Washington. Both SCS and JF Shelton are leading distributors into the Paint, Coatings, Adhesive, and Polymer markets in North America. Both SCS and JFS will continue to be led by their current management teams and run as separate businesses in RHA’s subsidiary, Ravago Chemical Distribution, Inc. (Ravago Chemicals).

 

“We are excited to acquire two businesses with strong reputations and demonstrated success of putting employees and customers first,” says Jim Duffy, CEO of RHA. “These companies complement our growing specialty chemical distribution business and help us strengthen our North American footprint.”

 

Kevin Wettstein, Senior Vice President and General Manager of Ravago Chemicals, believes this is another key step in the growth of Ravago’s Chemical distribution business. “We continue to look for strong companies with great people who can help us develop and accelerate our position in the specialty chemical and fine ingredient markets. We have watched the talented teams at SCS and JFS execute on business plans that create long-lasting relationships with their customers and principals. We are excited to have them join our team and bring their skills and experience to our business.”

 

“The resources and acumen of Ravago behind the established path of SCS will create an environment to provide our customers and principals with even greater access to services in specialty chemical distribution. We are excited to create and expand opportunities for all our relationships.”, says Steve Strongosky, Chief Executive Officer of SCS.

 

The VP of Sales for JF Shelton, Brad Campbell, comments, “We are very excited to be joining Ravago’s ever-growing family of companies. Their global reach and their position as an industry leader will help to better serve and supply our customers on the West Coast.”

For more information about Ravago Chemicals, visit www.RavagoChemicals.com.

About Ravago Chemicals

Ravago Chemicals represents market-leading specialty chemical and ingredient producers that allow us to deliver creative, technical solutions along with the highest level of service to more than 17,000 active customers across more than 24 countries worldwide. We are a family company and place a high value on our long-standing relationships with our suppliers, customers, and our colleagues. In North America, Ravago Chemicals has been providing quality, innovation, and sustainability to the specialty chemical and ingredient markets through its family of companies for more than 60 years.

About Specialty Chemical Sales

SCS, established in 1995, is a boutique Chemical distributor based in Cleveland, Ohio, offering differentiated technical expertise for customers in the Central and eastern parts of the United States and Canada. SCS has provided exceptional service not only to its customers but also to the supply base, which it represents. Its wide network of warehouses help support a growing business in Paint, Coatings, Adhesives, Personal Care, Cosmetics, and Building materials.

About JF Shelton

J.F. Shelton is a highly reputable distributor of raw materials and industrial containers headquartered in the western United States and has been servicing the coatings, adhesives, ink, rubber, and food industries in the western parts of the US and Canada for over 45 years.

In case of any questions regarding the content of this press release, please contact:

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Priscilla Frydryszewski
Marketing and Communications Manager
PFrydryszewski@RavagoAmericas.com