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Mergers and acquisitions

Chroma Color acquires Plastics Color Corp.

Plastics Color (Asheboro, NC) develops color concentrates, functional additives and custom polymer masterbatches for the medical device, food packaging, CPG, construction and other sectors.

Chroma Color Corp. (McHenry, IL) continues to grow its portfolio of colorant and additive technologies with the acquisition of Plastics Color Corp. (PCC), including its two facilities in Asheboro, NC, and Calumet City, IL. Terms of the transaction were not disclosed.

For more than 50 years, PCC has consistently delivered innovations in color concentrates, functional additives and custom polymer masterbatches. PCC holds multiple certifications and accreditations that meet or exceed government standards and regulations, including Drug Master Files (DMFs) that streamline the FDA compliance process for colors, additives and concentrates intended for medical device and pharmaceutical applications.

“PCC has a strong base of customers and is known for solution-based products and strong service, both being pillars of Chroma’s offerings,” said Tom Bolger, CEO of Chroma Color. “Its presence in medical and pharmaceutical products, food packaging, CPG and construction applications will bring more technologies and know-how to Chroma to allow us to better serve our customers and continue our growth.”

Chroma President, Howard DeMonte, added: “We are pleased Plastics Color has joined Chroma. This acquisition further supports our strategy of pursuing sustainable organic growth by deploying Chroma’s proven patented colorant technologies into new markets.”

Chroma Color has been in business for more than 50 years and serves diverse markets including packaging, wire and cable, building and construction, consumer, healthcare, lawn and garden, sanitation, recreation and leisure, and transportation.

Image: Cacaroot/Adobe Stock

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