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Tim Condron - President & CEO |
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Tim Condron has joined DanChem Technologies as President & CEO. Tim holds a B.S degree in Chemical Engineering from Michigan State University and has 20+ years experience in the plastics and industrial marketplace. Tim has held key leadership positions with General Motors, Hoechst Celanese, Ready Solutions and spent over 13 years with General Electric Company. During his career at GE, Tim held positions in general and business leadership and management in both their plastics and specialty films businesses. He has a passion for developing teams and exceeding business objectives. Tim says "I am excited about joining the DanChem team. With our new relationship with EBI, I see enormous opportunities for this business team in the specialty chemical market. I look forward to meeting the team and working together to capitalize and execute on the opportunities facing our business!" |
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Ensign-Bickford Acquires DanChem Technologies |
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(Simsbury, CT, June 6, 2008) As part of its business growth and diversification strategy, Ensign-Bickford Industries, Inc. “EBI” announced today that its affiliate, EBChem Holdings, Inc. has acquired DanChem Technologies, Inc. DanChem is a Danville, Virginia-based manufacturer of specialty chemicals and plastics. The terms of the transaction between EBI and American Capital Strategies, Ltd. (Nasdaq: ACAS), the previous owner of DanChem, were not released. Headwaters MB, LLC served as the exclusive financial advisor to DanChem in connection with the transaction.
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