03.03.14
KODA Distribution Group (KDG), a Stamford, CT-based specialty chemical distributor, has reached an agreement to acquire Marcor Development Corp., a Carlstadt, NJ-based distributor of specialty chemicals and naturally derived ingredients for use in nutraceuticals, biologicals, pharmaceuticals and related applications. Marcor will maintain its current management and staff, operating from its New Jersey headquarters.
With the acquisition, KDG plans to establish its pharma/bionutrients business segment. Frank Bergonzi, CEO of KDG noted, “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.”
With the acquisition, KDG plans to establish its pharma/bionutrients business segment. Frank Bergonzi, CEO of KDG noted, “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.”