Over its 30 year history, KODA has purchased, managed, grown and ultimately divested four organizations that were number one in their defined marketplace:
- Acquired by KODA in the 1980’s, Suburban Manufacturing Company, the largest provider of appliances (heaters, ranges and water heaters) to the recreational vehicle industry was sold in 1998 to Citicorp Ventures in New York.
- KODA purchased Adapco in 1997 and through three subsequent strategic acquisitions, grew the company to be the number one provider of services, equipment and chemicals to the Vector Control Industry and was sold to Calvert Street Capital Partners in 2006.
- In 1998, KODA acquired Nivel Parts and Manufacturing Company and over our seven years of ownership, doubled the size of the business to become the number one provider of replacement parts to the golf cart aftermarket and was sold to Sentinental Capital Partners in 2004.
- Over 23 years we built the KODA Distribution Group into the largest Specialty Chemical Distributor in the United States and we divested a majority of our position to Audax in October 2010 and continue to have a significant interest in KDG.
“It is with great pride that we feel we continue to execute on our strategy of acquiring companies that have the potential to become market leaders. The future has never been brighter for KODA and we look forward to more exciting opportunities to come.”
Executive Vice President and CFO
KODA Enterprises Group, LLC