The Plaza Group, a leading international petrochemical marketing firm, today announced it will acquire Conchemco (Dallas, TX), a leading marketer and distributor of chemicals and solvents.
Founded in 1990, Conchemco began as an independent company based on in-home services of buying, selling and brokering chemicals. Through the development of personal relationships with trusted partners, the highest levels of professionalism and the delivery of quality products and exceptional services to clients, it is now a multi-million dollar company with national distribution. Its core products are acetone, toluene, xylene and other major aromatic and aliphatic hydrocarbons. Conchemco owner and CEO Tommy Mrazek commented, “We are excited to be part of a company that shares the common business principles of integrity, quality and a positive outlook on the future of our business.”
Randy Velarde, President and CEO of The Plaza Group, announced the upcoming acquisition, emphasizing the tremendous strategic value of adding the Conchemco brand to The Plaza Group, including key players: Tommy Mrazek, Rich Olson and Steve Martin.
“The acquisition of Conchemco is a great opportunity to expand our expertise in chemical distribution and marketing, as well as grow our client base,” said Velarde. “The addition of these key players enhances the value of the acquisition and fortifies future growth plans for The Plaza Group.”