DuBois Chemicals Acquires Galaxy Associates
Sharonville, Ohio—DuBois Chemicals, the parent company of Blendco Systems, recently acquired Galaxy Associates, a global specialty chemicals company.
Headquartered in Cincinnati, OH, Galaxy Associates was founded in 2002 by the legendary Cincinnati philanthropist and entrepreneur, Mel Fisher. DuBois and Galaxy are not only geographically close, but also share similar products and serve many of the same end markets. Galaxy’s three divisions- Galaxy Industrial, Galaxy Transportation Services and Galaxy Pulp and Paper- offer a strong line of products and services focused on enhancing performance while addressing the evolving needs of customers with environmental, health and safety concerns. This acquisition will significantly bolster the DuBois portfolio of Industrial, Transportation and Pulp and Paper solutions and will directly assist Blendco and the DuBois Industrial Transportation Group as they continue to delve deeper into the large vehicle washing business.
DuBois CEO Jeff Welsh is excited about the unique solutions that Galaxy and DuBois can provide to their customers. “Galaxy is a truly great entrepreneurial company,” Welsh said. “The complementary nature of our cultures, products and end markets will allow us to deliver a breadth of solutions that exceed our customers’ expectations. It’s a really natural fit for our marketplace. Together we offer thousands of innovative specialty chemical solutions that we can deliver with creative passion and expertise.”
“We are excited about the increased resources and products that this acquisition will bring DuBois and Blendco. The combination of Blendco, DuBois and Galaxy is helping us become one of the largest transportation chemical companies in the world,” Brent McCurdy, Managing Director of Blendco Systems, adds.
This is the fourth acquisition for DuBois Chemicals. In 2009, DuBois acquired Blendco Systems. Late in 2010, DuBois acquired Perkins Products, an Illinois-based manufacturer of industrial lubricants and then, in 2011, Mitco, a Michigan-based manufacturer of specialty chemical water and wastewater management products. The acquisition of Galaxy Associates marks another important milestone in a growth strategy designed to make DuBois the preeminent player in the industrial chemical market and reaffirms the commitment of DuBois’ investors at the Riverside Company to make DuBois a platform for growth.
Blendco Systems manufactures and supplies a full line of formulated detergents, polishes and protectants for the transportation cleaning industry, including the patented SuperSat® Custom Detergent System. Blendco has been providing innovative and environmentally sound detergent solutions for more than 30 years. Blendco is a division of DuBois Chemicals, a leader in sustainable cleaning solutions since 1920.