Gemspring Capital-backed Shrieve Chemical completed the acquisition of Carbon Group.

Gemspring Capital-backed Shrieve Chemical, a chemicals distributor, completed the acquisition of Carbon Group, a full-service distributor of specialty chemicals, food ingredients, pharmaceutical raw materials, and agriculture products. Financial terms were not disclosed. "We are happy to welcome Carbon Group into the Shrieve Chemical family. This investment reflects our ongoing commitment to expanding the specialty chemical product portfolio and capabilities that Shrieve can offer its customers. We are excited to partner with Brian and the Carbon Group team to build on their reputation for exceptional customer service, deep technical expertise, and global sourcing and compliance capabilities," Geoff Broglio, Gemspring Capital Managing Director.