Chromaflo: Acquirement of Elementis
Chromaflo Technologies Corp., Maastricht, The Netherlands, an 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. The acquisition of products became effective December 13, 2012. The purchase price was not disclosed.
Production of the acquired products will be moved from Elementis B.V. located in Delden, The Netherlands, to Chromaflo’s facility in Maastricht.
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