Ravago Buys Controlling Interest in M. Holland
M. Holland to continue as independent subsidiary of Ravago.
The Ravago Group has agreed to buy a controlling interest in M. Holland Company and its subsidiaries, the company has announced. M. Holland has been in the thermoplastic resin distribution business for more than 70 years, providing suppliers with strategic channels to market, and customers with innovative product and supply chain solutions.
Finacial terms were not disclosed.
The transaction is expected to close in late 2023, subject to the satisfaction of customary closing conditions, including regulatory approvals. Thereafter, M. Holland will continue to operate independently as a subsidiary of the Ravago Group family of companies.
Since its founding in 1961, Ravago has been family-owned and grown into a global leader in servicing the petrochemical industry with its distribution, resale, compounding and recycling, and supply chain companies.
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