Cinven-backed Barentz to acquire CI Capital Partners-backed Maroon Group.

Cinven-backed Barentz, a global life science distributor, agreed to acquire CI Capital Partners-backed Maroon Group, a supplier of specialty chemical and packaging products. Financial terms were not disclosed. "With CI Capital's support, Maroon transformed itself from a regional CASE and Plastics distributor based in the Midwest into the broad business it is today. Together, we have built a great company and we are gratified that Barentz has recognized the immense upside in the unique position we have. Maroon fits seamlessly into Barentz' global product portfolio, and with leading industry experts and several specialized application laboratories, both businesses share a commitment towards leveraging industry and technical knowledge to support our suppliers' and customers' business development," Terry Hill, Maroon Group CEO.