STAMFORD, Conn.--(EON: Enhanced Online News)--Specialty Professional Products (SPP), parent company of ADAPCO and Red River Specialties, today announced it is being acquired by KODA Distribution Group (KDG), a leading specialty chemical distributor. With the acquisition of Specialty Professional Products, KDG plans to establish its agricultural chemicals division, with its continued growth to be led by SPP president Steve Burt.
“We are very excited to have a partner that is committed to the customers we serve as we continue to grow our business in the specialty agricultural market”
“This is an exciting opportunity for all customers and employees of ADAPCO and Red River Specialties as our strategy will enable SPP to continue to grow and expand their businesses. We will continue to focus on serving Red River Specialties’ and ADAPCO’s suppliers as we grow our business in partnership with them,” said Frank Bergonzi, CEO of KODA Distribution Group (KDG). “Consistent with KDG’s strategy of maintaining brand equity, Red River Specialties and ADAPCO will report to its President Steve Burt and maintain its own entrepreneurial culture.”
ADAPCO and Red River Specialties will maintain their current management, sales and support staff, with the sales professionals in each organization continuing to work very closely with customers to ensure the availability of the very latest in technology and management practices. ADAPCO is the leading distributor of mosquito control products as well as its own branded sprayers, technology and support services to mosquito management professionals. Red River Specialties is the leading supplier of products to the forestry, vegetation management, and range and pasture markets.
“We are very excited to have a partner that is committed to the customers we serve as we continue to grow our business in the specialty agricultural market,” said Steve Burt. “It is fantastic that we can continue to operate as we do today, bringing new ideas and technology to our customers.”
Headquartered in Stamford, CT, KODA Distribution Group is a leader in specialty chemical distribution, serving customers in CASE as well as construction, care, lubrication, ink and plastics end markets. It is comprised of five regional companies servicing those markets in the United States: Ribelin Sales, Inc. in the Southwest and Southeast; GMZ in the Ohio Valley/Midwest; P.T. Hutchins on the West Coast; Monson Companies in New England and E.W. Kaufmann in the Northeast/Mid-Atlantic. All five companies share similar approaches to their respective markets: deep technical expertise and market knowledge; a service platform that includes marketing and product management; a network of technical labs to support customers; a focus on customer intimacy and an absolute devotion to customer service.