Twinsburg, Ohio — HB Chemical Corp., a subsidiary of Ravago Holdings Inc., has acquired Cleveland-based J. Drasner and Co. Inc., expanding a long-standing relationship between the two companies that started more than 20 years ago.
Terms of the acquisition, finalized March 1, were not disclosed.
"Many of J. Drasner customers are also HB customers, and we are excited to work side by side to bring both of our companies together, delivering a seamless transition," said Joe Moran, vice president of Twinsburg-based HB Chemical.
While HB Chemical is a chemical supplier for the rubber, plastics and coating industries, J. Drasner supplies low melting batch inclusion film and bags for similar industries.