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Compass Diversified Holdings, or CODI, an owner of leading middle market businesses, announced that its subsidiary, Clean Earth, has acquired ESMI and MKC Enterprises. CODI funded the purchase prices of the acquisitions of ESMI, which closed in May, and MKC, which closed in March, with available cash on its balance sheet and a draw on its revolving credit facility. ESMI is a leading provider of remediation services across New Hampshire and New York. For the FY17 ESMI and MKC reported combined net revenues of approximately $25M.

Effective immediately, a new entity has been formed called The Sterno Group, which is a subsidiary of Compass Diversified Holdings (CODI). Don Hinshaw is CEO of The Sterno Group with three company presidents reporting to him. The three companies are Sterno Products led by recently promoted President Craig Carnes, Sterno Home led by President Michael Pacharis, and recently acquired Rimports, Inc. led by President Alan Farrell. Don Hinshaw commented, "This new structure will continue a successful corporate culture across multiple companies while also allowing the individual presidents of these stand alone companies to lead them to their full growth potential and focused on their specific customer base." In addition to the new structure, The Sterno Group has completed its acquisition of Rimports. Rimports is a manufacturer and distributor of branded and private label scented wickless candle products used for home decor and fragrance.