20th June 2019

DEBRO ACQUIRES TARTAN COLOR AND CHEMICAL

Debro has acquired Tartan Color & Chemical, a Canadian distributor primarily focused on the industrial specialties market. The transaction makes Debro one of the leading independent distributors in Canada for industrial specialties, food ingredients and home and personal care.

Debro is acquiring 100 percent of the shares of Tartan, and the two companies will be amalgamated.

David Houston, former President of Tartan, will be a significant investor of the joint enterprise and his role will be President, Industrial Specialties.

Bill Heise, CEO of Debro, says, “We are excited to welcome David and the Tartan team to Debro. It was obvious very early in our discussions that the combined strengths of Debro and Tartan would create tremendous opportunities to grow our industrial specialties business, offer greater value to our supplier partners and provide a broader product portfolio for our customers.”

Houston says, “I’m thrilled to be joining the Debro team and am confident that this transaction will provide an exciting opportunity for Tartan’s employees, suppliers and customers. I believe that this merger provides a perfect fit for Tartan and provides an excellent platform for further growth.”

www.debro.com