Drew Marine, a worldwide supplier of water treatment, fuel management, safety, maintenance and cleaning products to the maritime industry, celebrated its first year under J.F. Lehman’s private equity ownership on September 13 and held a ribbon-cutting ceremony to celebrate its new corporate headquarters.
Whippany Mayor, John Sheridan, Chairman and Founding Partner of J.F. Lehman & Company and former Secretary of the Navy, John Lehman, and J.F. Lehman & Company Partner and Chairman of Drew Marine’s Board of Directors, Louis Mintz, joined the celebration with Drew Marine President and CEO, Len Gelosa, and the entire Drew Marine Whippany staff.
Drew Marine was acquired by J.F. Lehman & Company in 2009 from Ashland, Inc. The company headquarters was formerly in Boonton, N.J. In addition to the Whippany headquarters, Drew Marine operates a Technology Center in East Hanover, N.J.