HB Chemical Inc. has been acquired by Ravago Group
The private shareholders of HB Chemical Inc. have sold the company and its affiliates HB Chemical Mexico, S.A. de C.V. and HB Alchemy LLC to Ravago Group.
Headquartered in Twinsburg, Ohio, HB Chemical offers its customers a comprehensive inventory of rubber chemicals from leading manufacturers around the world and maintains an extensive network of more than 50 stocking locations across the United States and Mexico to quickly and effectively serve its customers. HB Chemical will operate as a unit within Ravago Americas and will remain under the leadership of CEO Jeff Rand.
Ravago Group is a global leader in the distribution, resale, compounding and recycling of plastic and elastomeric raw materials. This acquisition will establish a North American foothold in rubber chemical distribution for Ravago. The Group distributes its products to more than 15,000 active customers across more than 24 countries.
Oaklins' team in Cleveland served as the exclusive financial advisor to HB Chemical in this transaction. The team in Belgium introduced the buyer.



Jeff Rand
CEO, HB Chemical, Inc.
Talk to the deal team

Kevin J. Mayer
Managing Director
Cleveland, United StatesOaklins Citizens Capital Markets

Ralph M. Della Ratta, Jr.
Managing Partner
Cleveland, United StatesOaklins Citizens Capital Markets

Jason P. Anderson
Associate Director
Cleveland, United StatesOaklins Citizens Capital Markets

Related deals
Commercial Tube Processing has been acquired by Nelson Global Products
Tube Processing Corporation has sold its division Commercial Tube Processing (CTP) to Nelson Global Products Inc.
Learn moreLifco has acquired MultiOne
Lifco AB has acquired MultiOne s.r.l.
Learn moreLacerta Group has been recapitalized by SK Capital
Lacerta Group, Inc. has been recapitalized by SK Capital Partners.
Learn more