Maroon Group has bought Lincoln Fine Ingredients, a US distributor of specialty chemicals based in Lincoln.
Lincoln Fine Ingredient’s management team, led by Jim Noon and Walter Martish III, will remain in place and continue to actively manage the business.
Terms of the transaction were not disclosed.
Established in 1976, Lincoln Fine Ingredients is a distributor of specialty chemicals and ingredients to the personal care, cosmetic, food and beverage, pharmaceutical and household/industrial segments.
This is Maroon Group’s seventh acquisition in three years.