Leawood, KS, May 1, 2018 – Peninsula Polymers, the North American leader in specialty chemical distribution purchased the assets of Matteson – Ridolfi, Inc, headquartered outside of Detroit, Michigan. Operating since 1932, Matteson – Ridolfi serves customers in Michigan, Illinois, Indiana, Kentucky, Ohio, West Virginia, Pennsylvania, New York, New Jersey, and Delaware.
“We could not be more excited about the strategic nature and timing of this move,” said Ken Moran, President. “We hit the ground running in 2018 with our recent purchase of Deeks in the SE United States; Matteson – Ridolfi allows us to continue that momentum with additional product lines and in additional geographies where we have been focused on growing and strengthening our position. Like our prior acquisitions, the history and mission of Matteson – Ridolfi is exemplary and aligns perfectly with our core values at Peninsula.”
Matteson – Ridolfi has grown successfully over the years by partnering with key raw material suppliers in the industries served. “Our goal has always been to offer premier distribution services for specialty chemicals in the Great Lakes and Mid-Atlantic regions. We value the strong relationships we have with our customers and suppliers and see Peninsula’s growth based on these same principals as an exciting opportunity for the future,” said Scot Westerbeek, President, Matteson – Ridolfi.
Matteson – Ridolfi’ employees will continue to work with the customer base and suppliers to ensure business as usual and a seamless transition.
About Peninsula Polymers
Peninsula Polymers is a distributor of specialty coatings raw materials and has been serving customers in North America for over 25 years. With twelve distribution centers located across the United States, Peninsula Polymers partners with the most technologically advanced suppliers to deliver a full complement of products and technical expertise to diverse industries.
If you would like additional information, please contact Kelly Schmit, Director Business Development at kschmit@penpoly.com.