LBB Specialties has acquired Debro Inc., a Canadian specialty chemicals distributor based in Ontario. Terms of the transaction were not disclosed.
Darren J. Birkelbach, CEO of LBB Specialties, said, “I’m thrilled to add Debro and its dynamic, focused commercial and operational teams to our platform. Since 1920, Debro has provided customers with service excellence and technical expertise, while representing a portfolio of gold standard specialty products produced by world class principals in the advanced materials, personal care, and food and nutrition markets. The addition of Debro to LBB Specialties immediately bolsters our geographic and service coverage in the Canadian market and accelerates our future growth plans as we expand LBB Specialties’ footprint. Acquiring Debro exemplifies our commitment to being a leader in the North American specialty chemical and ingredients distribution market.”
Brian Imrie, owner of Debro Inc. said, “I’m delighted to have selected LBB Specialties to build on Debro’s long history of success and support future growth. LBB Specialties’ true commitment to specialty distribution is a perfect fit for the Debro organization and I’m convinced this acquisition will strengthen Debro’s long-term customer and principal relationships while uncovering new growth potential."
Paul Ruffo, president, Debro home and personal care and David Houston, president, Debro Industrial Specialties said, “As the Debro leadership team, we are excited to become an integral part of LBB Specialties and look forward to executing our shared vision for Debro’s future."