ALBANY, Ga. — Equinox Chemicals has announced that it has acquired Adco Cleaning Products, based in Sedalia, Mo. Terms of the acquisition were not announced.
Equinox will move Adco’s manufacturing operations to its state-of-the-art manufacturing plant in Albany, according to Yalda Harris, Equinox’s executive vice president for Global Product Management. Dr. Jim Schreiner, Adco’s chief product technology officer, will also be relocating, she says.
Customer-service and order-taking staff will remain in Sedalia, and there will be no changes to the way customers or distributors order from Adco, Harris adds. The national sales team will remain the same.
Nine operator jobs and one office employee have been relocated to Albany, with many key employees receiving relocation package offers, according to Harris.
Equinox is a specialty chemical manufacturer with specialty research, innovation, product development and commercialization capabilities that reach markets spanning the globe, the company says.
Adco manufactures a comprehensive line of specialty cleaning chemicals and detergents used in dry cleaning, commercial laundry, and janitorial and institutional cleaning applications. It offers more than 300 proprietary products through the Adco and Laidlaw brands.
“This latest acquisition will continue our aggressive strategy to revolutionize and revitalize the laundry, dry cleaning and cleaning chemical industry,” says Mark Grimaldi, CEO of Equinox Chemicals.
“Our focus is building a global company that will bring the very best technical service and highest-quality products to our customers,” he says. “The industry is ready for a change, and we are building the organization that will make it happen.”
Grimaldi entered the industry with the formation of Rynex Technologies for the manufacturing and distribution of biodegradable dry cleaning solvents and related products. In June, Rynex entered into a joint venture with Christeyns NV, a laundry products manufacturer and supplier in Europe.
Equity firm Mentor Partners had owned Adco since 2007. Before that sale, Adco was owned and operated from its Sedalia home continuously by three generations of the Van Dyne family. The company was founded there in 1908.
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