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Colonial Group Acquires Crown Carbon Reduction Technologies

Image courtesy of Colonial Group Inc. Logo_COLONIAL_GROUP.jpg
Colonial Group has acquired Crown Carbon Reduction Technologies.
Company expanding its specialty chemical business

Savannah, GA-based Colonial Group Inc. has acquired Crown Carbon Reduction Technologies (Crown) of Gillette, WY, effective November 1, 2022.

A portfolio company of Merit Capital Partners, Crown is a leading provider of process chemicals for dust control, freeze conditioning, antioxidants, road stabilization, water treatment, and fuel catalysts with a focus on the mining, exploration, and production industries. Its products are used in a variety of applications to reduce waste, ensure regulatory compliance, and improve efficiency.

Colonial Group is one of America’s largest privately-held companies with subsidiaries operating in numerous states spanning diverse business sectors.

“We are excited to add Crown Carbon Reduction Technologies to our family of companies,” said Christian Demere, president and CEO of Colonial Group. “We look forward to working with Doug and the entire Crown team in supporting their continued growth and success.”

Crown will operate as a standalone business of 34 employees and will remain headquartered in WY. Its division president, Doug Simmons, will report to Brett Giesick, chief operating officer at Colonial Group.

“We’re excited to become part of the Colonial team," said Simmons. "The strong cultural fit will provide numerous opportunities for the team, and we see tremendous growth potential ahead that will deliver significant value to our customers and our suppliers.”

 

TAGS: News Chemical
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