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    Breaking News

    Chromaflo Technologies Acquires Elementis B.V. Colorants Business

    Acquired the Elementis Tint-Ayd line of colorant products that are sold in EMEA

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    12.14.12
    Chromaflo Technologies Corp., the largest independent global supplier of advanced colorants and chemical dispersions for the paint, coatings and thermoset plastics industries, concluded a purchase agreement with Elementis B.V., whereby Chromaflo Technologies B.V. has acquired the Elementis Tint-Ayd line of colorant products that are sold in Europe, the Middle East and Africa (EMEA). The acquisition of products became effective Dec. 13, 2012. The purchase price was not disclosed.

    “The acquisition of these products from Elementis B.V. is consistent with our efforts in supplying quality colorants for high performance industrial coatings and architectural paints in the European markets,” said Scott Becker, president and CEO of Chromaflo Technologies Corp. “The Tint-Ayd line of colorant products in Europe fit well with our existing lines, increasing customers’ options in support of these industries.”

    Production of the acquired products will be moved from Elementis B.V., located in Delden, Netherlands, to Chromaflo Technologies’ facility in Maastricht, Netherlands.

    “This acquisition is important to us and we plan to make this a smooth transition for customers,” said Holger Spieckermann, managing director, Chromaflo Technologies B.V. “Quality products, speed of delivery and support will be the level of service we will deliver to our new customers.”

    "We are committed to support Chromaflo Technologies’ expansion of its products and services to serve the global coatings market. This is the first acquisition of several we hope to make to extend the reach of the company,” said John Televantos, a partner at Arsenal and co-head of Arsenal’s Specialty Industrial practice.
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    CURRENT ISSUE

    March/April 2018

    • The North American Top 20 Ink Report
    • Pigment Market Growth Expected, But Challenges Remain Ahead
    • The Conductive Ink and Materials Market
    • The 2018 European Ink Review
    • India’s Packaging Ink Market is Thriving
    • Environmentally Friendly Inks will Grow Much Faster in 2018
    • Hammer Packaging is an ‘Engineering Company’ That Produces Labels
    • Hapa Ink Brings Expertise to the Pharmaceutical, Medical Markets
    • View More >

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