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DeWolf closes Tempo deal
Originally published:  26/06/2012
The US-based DeWolf Companies - DeWolf Chemical and Glenn Corporation - have completed the acquisition and operational integration of Canadian speciality chemical distributor Tempo Canada. The move enables DeWolf and Glenn to offer a single channel to the personal care, colour cosmetics and the household, industrial and institutional (HI&I) markets throughout North America while simultaneously capitalising on "the significant growth opportunities that exist within the Canadian beauty care and HI&I sectors".
Tempo will retain its respected brand and identity developed over 28 years of business, operating as an autonomous business entity with its own sales, supply chain and customer service teams. As such, operations will continue at its existing offices and facilities in Oakville, Ontario and Montreal, Quebec while benefiting from DeWolf's and Glenn's market model, infrastructural efficiencies, enterprise business systems and operational best practices.
"I would like to welcome the Tempo organisation and employees to the DeWolf family," says DeWolf Companies president and CEO Hank DeWolf. "We are extremely excited about the opportunities created for the combined organisation through this strategic acquisition. Having achieved our corporate objective of becoming a North American leader in our marketplace, we look forward to continuing our track record of consistent and sustainable revenue growth experienced over the past 10 years."
In other news, Jeffrey Devolve has been appointed as both DeWolf's and Glenn's regulatory and compliance manager. In this newly created role, he will be responsible for planning, developing and directing all regulatory compliance programmes and overseeing all matters concerning ISO 9001 and the National Association of Chemical Distributors' Business Management System. Devolve will also be instrumental in advancing the companies' customer regulatory and compliance practice as the internal point person in completing these requests.
"The rapid growth of Glenn's and DeWolf's businesses under the ever-increasing demands for regulatory requirements has driven the integration of a full-time resource to track all developments to enhance the operational excellence of our organisation," DeWolf says. "This new addition further positions Glenn and DeWolf as the leading strategic partner for its established suppliers, who continue to streamline their own organisations to focus resources on their key growth areas."