July 28 2017, David R Brown
U.S. specialty chemicals distributor Dunleary Inc. has acquired D.N. Lukens Inc. and D&F Distributing Inc.
Dunleary Inc., a regional U.S. specialty chemical distribution company, has announced that is has acquired D. N. Lukens Inc. and D&F Distributing Inc. with a closing date set for the end of August, subject to customary due diligence.
This move enables us to collectively meet and exceed the demands of our key business partnersDavid Behan
CEO of Dunleary Inc.
The additions will make Dunleary one of the 10 largest specialty chemicals distributors in the United States with annual sales of around USD 70 million. Collectively, the three companies cover coatings, adhesives, sealants, elastomers, plastics, construction, food, personal care, cosmetics, graphic arts, oil and gas, rubber and textiles. The companies will merge into one entity and establish a new brand identity by late 2017.
“This move enables us to collectively meet and exceed the demands of our key business partners with even greater innovation, imagination and expertise,” according to CEO David Behan.
Dunleary, founded in 1949, has 15 suppliers including Arkema and Trinseo. Its distribution products include epoxies, nylon powders, polyurethane disperisons and pigments. Massachusetts-based D.N. Lukens was founded by its namesake in 1943. Its distribution products include epoxies, copolyesters and modifiers. The firm's signature product is its patented Atomite-brand ultra-pure white pigment. Dallas-based D&F was founded in 1975. Its distribution products include epoxies, phenolics, styrenics block copolymers, colorants and pigments from such suppliers as Hexion Inc. and Ferro Corp.
The company's new geographic footprint covers 28 states and brings together 29 technically focused employees with direct field sales responsibilities. In total the new company will have almost 60 employees. The firm has also hired Dirk Plas to serve as principal relationships and development vice president. Plas was formerly president and CEO of BYK USA Inc.
About Dunleary Inc.
Founded in 1949, Dunleary is one of the USA's oldest and largest specialty chemical distributors and manufacturer's representatives. The company is a 'super regional' distribution company operating in 10 mid-Atlantic and Southeastern U.S. states. Dunleary is also a member of the National Association of Chemical Distributors (NACD).
Source(s): Dunleary Press Release