10 January 2014 21:19 [Source: ICIS news]
HOUSTON (ICIS)--KODA Distribution Group (KDG) has acquired distributor Marcor Development for an undisclosed amount, KDG announced on Friday.
US specialty chemical distributor KDG plans to create a pharmaceuticals/bionutrients business segment with the acquisition of Marcor, a New Jersey-based distributor of specialty chemicals and ingredients, KDG said.
The transaction closed on Friday.
“Marcor is a true specialty chemical solutions provider, and they will lead us into the value added markets of bionutrients, pharmaceutical actives, fermentation, diagnostic media, nutritional products and enzymes,” said Frank Bergonzi, CEO of KDG.
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