Ravago Americas LLC has acquired resin distributor Bolcof-Port Polymers of Azusa, Calif. — Ravago's second deal this month and its 10th overall since 2016.
Bolcof-Port will become part of Ravago's Amco Polymers unit, officials said in a Sept. 13 news release. Bolcof-Port has been in operation since the 1960s and was one of the first resin distributors in Southern California, they added.
"We continue to make strategic acquisitions that add to the strength of our distribution companies," Ravago Holdings Americas President and CEO Jim Duffy said. "Bolcof's portfolio, market understanding and reputation, especially on the West Coast, will both complement and strengthen the Amco business."
Bolcof-Port GM Jeff Tunstall added that Amco "was a perfect place for the Bolcof business."
The deal includes a facility in Azusa that will provide Amco with additional on-site rail storage/access, local warehousing, packaging and van/bulk truck delivery capabilities.
Bolcof-Port's sales coverage spans most of the Western U.S. but also includes key accounts along the East Coast and Canada. The firm distributes a range of commodity and engineering resins from 10 suppliers.
Orlando, Fla.-based Ravago Americas earlier this month acquired I. Stern & Co., a distributor and reseller of commodity resins based in Clark, N.J. Officials said that I. Stern will be integrated into Ravago Americas' North American resale business.
