The DeWolf Companies will function as operating entities within the Koda Care business unit and will continue to operate in the same capacity as before the acquisition. Existing care business within any of KDG’s other distribution businesses will transfer to the Koda Care business vertical, creating the market leading specialty chemical distribution channel to the North American personal care, color cosmetic and HI&I markets.
“The combined strength of KDG and The DeWolf Companies creates an incredibly dynamic organization capable of delivering added value to our customers through cutting edge technology, market insight, regulatory compliance and supply chain and operational excellence. Our ability to leverage KDG’s five R&D laboratories to assist our customers in new product development, prototype development and qualifying alternate raw materials will continue propelling our organization to the forefront of our industry, delivering real and recognizable value,” said Hank DeWolf.
“The added resource the KDG organization brings to The DeWolf Companies puts the organization in an even stronger position to meet supplier, customer, legal, EH&S and regulatory demands of the evolving chemical distribution landscape. The Koda Care market vertical approach provides our suppliers a channel partner with in-depth market expertise, technical excellence and now even more enhanced value-added services, all while allowing our supplier partners the ability to reduce complexity and better manage working capital,” said Frank Bergonzi, CEO and president of Koda Distribution Group.
The DeWolf Companies existing company management, sales, supply chain and customer service teams will remain in place to continue servicing each company’s individual regional market. Hank DeWolf has been named president of the Koda Care business unit, under the direction of Frank Bergonzi, CEO and president of Koda Distribution Group.