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Ravago Acquires TH Hilson to Expand Chemical Distribution in North America

Published on 2016-03-14. Author : SpecialChem

Ravago
Fig. 1: Ravago Chemical
The TH Hilson Company, a specialty chemical distributor, announced the sale of the company to Ravago Chemical, a subsidiary of Ravago Holdings America. The sale included brand identity, employee retention as well as trade names, supplier and customer lists, and all other information, systems, and equipment required to operate the business.

The business operation will remain as the TH Hilson Company with no interruption to supplying products to their customers. Ravago is committed to the people, customers, and suppliers of TH Hilson.

Provided TH Hilson’s mission, vision, and core identity, this transaction is a collaboration of like values, goals, and industry expertise. TH Hilson and Ravago engaged in this strategic alliance due to a synergy of philosophy. Ravago is a privately held, family owned business, and like TH Hilson, has a strong belief in people first. With a rich history in polymer distribution, rubber recycling, and manufacturing Ravago has expanded their expertise to chemical distribution throughout Europe and into the Middle East and Africa regions. Ravago desires to build on the backbone of TH Hilson’s pristine reputation and develop a world class chemical presence in North America.
TH Hilson
Fig. 2: TH Hilson Company

“In order to remain viable, relevant and to thrive in the chemical distribution space, TH Hilson needs to offer more to the Industry, thus our partnership with Ravago. Ravago chose the TH Hilson Company to help them build a ‘world-class’ chemical distribution business across North America. It is so exciting to have a partner who embraces our culture and believes in what we can accomplish together. There is so much power behind this relationship—unprecedented in the industry,” said Lori Hilson Cioromski, former President/CEO of TH Hilson. Lori will be transitioning to Vice President and General Manager of Chemicals for TH Hilson reporting to Jim Duffy, President of Ravago Americas.

“The mission of Ravago Chemical is to have a ‘global presence with a local feel’. We looked at a variety of companies to become our North American platform to build on. We focused our efforts on cultural fit and were seeking a leader with the same goals and industry expertise. We wanted all the talent to build upon and leave the company with its tradenames and brand. This is what we found in TH Hilson. The numbers can add up, but if the people don’t add up, it won’t work”, said Jim Duffy, President and CEO of Ravago Americas.

The TH Hilson Company

TH Hilson was founded in 1973 by Terry Hilson who remained an advisor after transferring operations to the second generation, daughter Lori Hilson Cioromski, President and CEO, daughter Lisa Hilson Kobelinski, Business Development for Personal Care and Todd Hilson, Purchasing Manager. Headquartered in the Chicagoland area and privately held, TH Hilson was founded with the vision of becoming a first class, family operated, progressive specialty chemical distributor and solution provider in North America. TH Hilson has expanded its expertise from the coating and ink markets, into metalworking lubricants, consumer care, adhesives, building trades, and plastics.

About Ravago

Ravago is one of the market leaders and global distributors of plastic resins and rubber. Founded in 1961, Ravago is a privately held family owned company headquartered in Arendonk, Belgium and Orlando Florida.

Source: TH Hilson
 
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