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KODA Distribution Group acquires Marcor Development Corp.

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Connecticut-based KODA Distribution Group announced Friday its acquisition of Carlstadt-based specialty chemical distributor Marcor Development Corp. Terms were not disclosed.

According to the announcement, Marcor will maintain its current management and staff, operating from its Carlstadt headquarters. With the acquisition of Marcor, KDG plans to establish its pharmaceuticals and bionutrients business segment. The transaction closed on January 10, 2014.

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