Ravago Group Family of Companies Invests in M. Holland

August 22, 2023 • Posted in News

Northbrook, Ill., Aug. 22, 2023 — M. Holland Company, a leading international distributor of thermoplastic resins and ancillary materials, today announced it has reached an agreement to partner with Ravago Group, a leader in polymer recycling and distribution. As a result, Ravago Group will acquire a majority interest in M. Holland.

This transaction will enable M. Holland to accelerate its growth strategy, providing the company with greater scale and resources as the plastics industry continues to rapidly evolve. The founding Holland family will retain a significant stake in M. Holland, though no other financial terms of the transaction were disclosed. Following close of the transaction, M. Holland will continue to operate independently as a subsidiary of the Ravago Group family of companies. M. Holland’s existing management team, including Ed Holland, CEO and chairman of the board, and Marc Fern, president and COO, will continue to lead the company.

“This transaction is an important inflection point for M. Holland as it places the company on a clear path to continued and long-term success,” said Holland. “Following an exhaustive review of strategic paths, we determined the best way to serve our stakeholders and set up M. Holland for success over the next 70 years was to partner with an organization that shared our passion for employees, customers and suppliers. Ravago Group is that partner. This is a rare opportunity for two strong, family-owned organizations to come together in a way that will ensure our customers get what they need, when they need it for years to come.” 

Ravago Group is a global plastic production and distribution company, which specializes in polymer and chemical distribution, building materials, recycling and raw materials. Ravago Group operates through three core activities, handling distribution, resale and manufacturing, all of which is supported by its excellent business services and supply chain solutions. Ravago Group has operations in more than 325 locations across North America, Asia, Africa and Europe, with its American headquarters located in Orlando, Florida. 

“M. Holland is a well-known and respected name in the plastics industry, and we are thrilled to welcome Ed and his entire team to the Ravago Group family of companies,” said Jim Duffy, president and chief executive officer of Ravago Holdings America. “We are confident we will be able to provide M. Holland with the resources and capital necessary to scale the business and sustain its growth, all the while maintaining its strong culture and brand.”

“This combination is an exciting moment for M. Holland,” said Fern. “Partnering with Ravago Group, a global company that shares our values, is the best possible option for M. Holland to retain our strong brand, while also positioning ourselves for the next phase of growth.”  

The proposed transaction is subject to customary closing conditions, including the receipt of applicable regulatory approvals. Lazard served as exclusive financial advisor to M. Holland.


M. Holland is a leading international distributor of thermoplastic resins, providing suppliers with the most strategic channels to market, offering clients innovative sourcing and supply chain solutions, delivering materials that empower sustainable innovation, and helping people lead rewarding careers. Since 1950, a deep commitment to personal relationships and innovation has formed the core of the company’s heritage, culture and vision. Headquartered in Northbrook, Illinois, M. Holland has over $1.5 billion in annual sales, partners with more than 4,000 customers annually, and serves over 70 countries across North America, LATAM, EMEA and Asia. M. Holland has offices located in the U.S., Mexico, Puerto Rico and the Netherlands. To learn more, visit www.mholland.com and follow M. Holland on LinkedIn, Facebook and Twitter.


Ravago Group, headquartered in Luxembourg, provides superior distribution, resale, compounding and recycling services for our customers, deploying advanced technology solutions to convert plastic raw materials into products that improve the sustainable quality of our life. Ravago Group serves more than 50,000 active customers through 325+ locations across more than 55+ countries worldwide. Ravago Group’s production capability consists of 45+ manufacturing facilities of which 19 recycling and compounding plants in North America, Europe, Asia and Africa with a combined annual capacity of over 775,000 metric tons; 13 production plants in Europe that are offering finished product solutions for the building sector and 7 plants and 6 application laboratories for our chemicals business. This all would not have been possible without the contributions of its 8,000 employees.


Sami Sauerman
INK (for M. Holland)

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