logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Chromascape Announces The Acquisition Of Kemira'S Colorants And Dye Business

May 08, 2023•over 2 years ago

Acquiring Company

ChromaScape

Acquired Company

Stony Creek Colors

SpringfieldHelsinkiFood And BeverageManufacturing

Description

ChromaScape LLC, a specialty colorants and additives supplier, announces the acquisition of Kemira's colorants and dye business. The deal closed on May 4, 2023. Kemira's product line includes basic and direct dyes, organic pigments and special colorants which are used in numerous paper and packaging applications such as tissue, cardboard, newspaper and high-end packaging solutions for jewelry, cosmetics and food stuffs. This acquisition includes Kemira's manufacturing site at Bushy Park in Goose Greek, South Carolina.

Company Information

Company

ChromaScape

About

Established in 1998, ChromaScape is the specialty colorants and additives supplier that taps into the unlimited potential of pigments, colorants and additives. We formulate raw materials into dyes and dispersions for our customers to incorporate into their products and unique applications. We apply our manufacturing process, technical knowledge and leading industry expertise to deliver reliable performance giving our customers the ability to enhance and innovate. In partnership with our customers, stakeholders and associates, we are brighter and better together. To learn more, visit www.chromascape.com. Contact:Chris Banks, Vice President of Sales 358644@email4pr.com or 440-773-2302 Seth Tomasch, CEO 358644@email4pr.com or 440-420-6647 SOURCE Chromascape

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed