Home breadcru News breadcru Speciality breadcru US' Meyer Lab advances market reach with ITD Chemical acquisition

US' Meyer Lab advances market reach with ITD Chemical acquisition

07 Jan '25
2 min read
 US' Meyer Lab advances market reach with ITD Chemical acquisition
Pic: Meyer Lab

Insights

  • Meyer Lab has acquired ITD Chemical, enhancing its industrial cleaning portfolio and expanding its southeast presence.
  • ITD will operate independently, with former CEO Joseph Daniel as GM.
  • Meyer Lab aims for seamless integration, maintaining service quality while driving innovation.
  • This strategic move aligns with its vision to grow as a leading cleaning solutions provider.

Meyer Lab, a leader in cleaning chemical solutions, is proud to announce the acquisition of ITD Chemical, a prominent Atlanta-based manufacturer of industrial and specialty cleaning chemicals.

This strategic move strengthens Meyer Lab’s position in the industrial cleaning market given it expands Meyer’s product portfolio and enhances the company’s presence in the Southeast.

“ITD Chemical has built a strong reputation for quality and innovation, which complements Meyer Lab’s strategic goals,” said Mike Miller, president of Meyer Lab. “This acquisition allows us to expand into new end markets and better serve our existing customers with cutting-edge solutions that drive value and sustainability.”

The integration process is already underway, with a focus on ensuring a seamless transition for employees, customers, suppliers, and partners. ITD Chemical will operate as an independent subsidiary of Meyer Lab for the foreseeable future, and its operations will continue without interruption.

Customers can continue to expect the same high level of service and product quality. Joseph Daniel, former owner and CEO of ITD Chemical, will continue leading ITD Chemical’s operations as General Manager.

“This partnership represents an exciting new chapter for ITD Chemical,” said Joseph Daniel. “Joining forces with Meyer Lab will unlock new opportunities for growth and innovation, benefiting our customers and employees alike. We will remain committed to our mission of partnering closely with distributor partners to bring innovative cleaning solutions to the market.”

Meyer Lab is investing in people, technology, and innovation and will continue to seek acquisitions that support its strategy to be a leading national cleaning chemical solutions provider.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

ALCHEMPro News Desk (HU)

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