Magnablend Corporate Profile
Magnablend, Inc. is a privately held Texas corporation specializing in custom chemical manufacturing, blending, and packaging. Magnablend manufactures products based on each customer's own formulations and specifications, but can assist in the development of new formulations as well.
The company was formed in 1979 by David and Darlene Pendery. After building a successful organization for 32 years, David and Darlene retired in 2011.
Current Magnablend President and CEO, Scott Pendery, joined the company in 1993 to help manage and grow the business. He served as Operations Manager until 2001 where his various responsibilities included facility oversight, regulatory compliance, supply chain management, sales, and key account management. He was the Chief Operating Officer between 2001 and 2011. Scott graduated from California State University, Chico, in 1989 with honors.
Scott has overseen the expansion from a single facility in Waxahachie, Texas to five facilities in Texas, and operations in Pennsylvania, Wyoming, and North Dakota.
In 2011, Magnablend recapitalized the company in partnership with an investor group consisting of TGF Management Corporation, Austin Ventures, and Cotton Creek Capital. The recapitalization has supported Magnablend's continued growth and geographic expansion.
In 2012, Magnablend was acquired by Univar, a global leader in the distribution of chemistry and related services. Magnablend will function as a wholly-owned subsidiary of Univar and continue to operate out of its existing facilities.
Univar is an excellent partner for Magnablend due to similar approaches to the market, very strong customer relationships, and a focus on providing high value-added services and deep industry expertise to customers. The combination will create synergies by providing enhanced services for our customers, better geographical coverage, and improved economies of scale.
326 North Grand Ave
Waxahachie, TX 75165