M. Holland to acquire T&T Marketing

Resin distributor M. Holland Company in Northbrook announced it will acquire T&T Marketing, a distributor of polymer resins and compounds to the wire and cable market.

Terms of the acquisition were not announced.

Headquartered in Andover, Massachusetts, T&T has annual revenues of about $40 million and distributes throughout the United States and Canada. The company has 26 employees and ships from seven warehouses in the United States and Canada. It provides a wide range of testing and applications development services at its lab in Easton, Pennsylvania.

T&T Marketing will continue to be led by owner and President Tom Jordan, and all employees will be retained.

"We identified wire and cable as an attractive market segment, but lacked the technical expertise and product portfolio to effectively compete," said Marc Fern, M. Holland commercial vice president. "T&T is extraordinarily strong in both, making it a perfect complement to our business development group."

M. Holland formed its business development group in 2016 to apply focused marketing, technical and applications development resources to certain markets. The group currently is comprised of market development teams focused on automotive, health care, flexible packaging, rotational molding and color and compounding markets.

The transaction is expected to close in November 2017.