Chroma Color Corporation announced that it has acquired Polymer Concentrates Inc., based in Clinton, MA. With this latest acquisition, Chroma Color, together with its range of colorant and additive technologies, continues to increase its production footprint to better serve existing and prospective customers.
Transaction terms have not been disclosed.
Polymer Concentrates Inc., a private company, develops and manufactures color concentrates for
“We were very excited when we saw the opportunity to add Polymer Concentrates Inc. to the Chroma family,” stated Tom Bolger, CEO, Chroma Color Corporation. “The company has a solid reputation in the marketplace and its’ facility is very close to our plant in Leominster, MA. Chroma Color and Polymer Concentrates have
Howard DeMonte, Chroma President and head of Corporate Development states: “Polymer Concentrates delivers exceptional color technology for nylon and other engineering resins and has several exciting new products in the R&D pipeline. This coupled with their exceptionally talented work force has us excited about our future together.”
“We are pleased Polymer Concentrates Inc. has agreed to join Chroma. This acquisition continues the company’s strategy of growth both through innovation and acquisition of great customer and technology focused businesses.”
About Chroma: Chroma Color Corporation is a leading supplier of specialty color and additive concentrates. The company exceeded $160 million in sales with its solid organic growth and targeted acquisitions. For more than 50 years, Chroma’s coloring technologies have catered to customers in markets such as packaging, wire and cable, building & construction, consumer, medical, healthcare, lawn & garden, durables, sanitation, recreation and leisure, transport and more