Based in Avon, Ohio, Maroon Group LLC, one of the fastest growing specialty chemical distributors in North America, announced on March 1, 2017 that it has acquired Lincoln Fine Ingredients. Lincoln Fine Ingredients, based in Lincoln, Rhode Island and established in 1976, is a distributor of specialty chemicals and ingredients, and provides value-add service offerings, to the Personal Care, Cosmetic, Food & Beverage, Pharmaceutical and Household/Industrial segments. Lincoln Fine Ingredient’s management team, led by Jim Noon and Walter Martish III, will reportedly remain in place and continue to actively manage the business. Terms of the transaction were not disclosed. The transaction signifies another example of successful entrepreneurs joining the Maroon team whose experience and market insight will be instrumental in carrying out Maroon’s development strategy. “Jim, Walter and their team have built a great company that shares a similar customer-centric approach as Maroon Group. We’re delighted to complete this acquisition, which we’ve targeted for quite some time. This represents Maroon Groups first foray into the CARE segment. We’re gaining some real momentum having completed six acquisitions in less than three years, including companies operating in the CASE, Plastics, Specialty Intermediates and CARE segments,” said Mark E. Reichard, President & CEO of Maroon Group. “We’re excited to be part of a dynamic organization like Maroon Group that allows us to continue to lead, collaborate across our combined platform and invest in our growth,” said Walter Martish III, President of Lincoln Fine Ingredients. “The long-term stability that this provides for our employees, customers and key suppliers was a priority when Walter and I set out on this course. Maroon understands specialty chemical distribution, has proven their ability to invest behind their acquisitions, thoughtfully integrate them and contribute to their ongoing success,” added Jim Noon, Lincoln’s Executive Vice President.