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M. Holland Announces Acquisition of Christler Chemical & Plastics, Inc.
CHICAGO, Dec 20, 2012 (BUSINESS WIRE) -- Copyright Business Wire 2012

Northbrook, Illinois based M. Holland Company announced today that it has reached agreement to acquire Christler Chemical & Plastics, Inc. (CC+P), headquartered in the Pacific Northwest effective at the close of business on December 31, 2012.

The acquisition strengthens M. Holland's position in plastic resin distribution by enhancing its distribution capabilities in the Northwestern United States and Western Canada and further deepening its engineering thermoplastics resins technical expertise.

"CC+P was our number one choice for this strategic addition to the M. Holland family," said Ed Holland, CEO of M. Holland. "Their core values compliment ours perfectly. Being family-owned and privately held has allowed both of our companies to provide exceptional levels of customer service while giving our employees a high-quality work environment. We intend to continue this tradition moving forward together."

CC+P, founded in 1987 by Tony Christler, has grown to be the premier distributor of engineering thermoplastics in the Northwestern United States and Western Canada. The combination of M. Holland and CC+P will build upon the companies' complementary goals of providing value added, technically driven solutions to customers and continued growth to their world class suppliers. CC+P's success has been enhanced over the last 25 years by the same core values that have helped make M. Holland the trusted partner to its customers and suppliers for over 60 years.

This acquisition marks an important milestone in M. Holland's strategic plan to expand the company's successful classic distribution model in North America. M. Holland's focus continues to be on continued organic and geographic growth, expanded product offerings and deep strategic market penetration.

M. Holland's Gold Standard Promise is and will continue to be to unite quality product offerings, technical expertise and operational resourcefulness into solutions-oriented approaches that are beneficial to customers and suppliers.

"M. Holland is a first-class company committed to providing superior customer service the same way CC+P has the past 25 years. Our shared customer focus makes this a huge win for our customers and suppliers. Together we will be able to offer a more comprehensive range of solutions with the same level of service and quality," said Monica Christler, CEO of CC+P.

For more than 60 years, M. Holland has been the leading family-owned distributor of the highest quality application-specific plastic resins, with strategically placed warehouses, packaging and bulk terminal locations across North America. M. Holland built its reputation on its knowledgeable sales force, industry-leading technical expertise, extensive network of world-class suppliers and incomparable integrity. Today, under the second-generation leadership of CEO Ed Holland, the company is one of the Top 4 resin distributors in North America, according to Plastics News.

SOURCE: M. Holland Company


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