Techmer Pm Announces The Acquisition Of Advanced Color Technologies

Jul 31, 2023•almost 2 years ago

Acquiring Company

Techmer PM

Acquired Company

Advanced Color Technologies

ClintonManufacturingManufacturing

Description

Techmer PM, a global leader in polymer materials design, announced today that it has signed an agreement to acquire color and additive compounder Advanced Color Technologies (ACT). The combined technology and capabilities of the two organizations will expand Techmer’s position as the innovation leader for colorants and additives in the synthetic fibers segment. The deal is expected to close by August 31. Terms of the transaction were not disclosed.

Company Information

Company

Techmer PM

Location

Clinton, Maryland, United States

About

Founded in 1981 and based in Clinton, TN, Techmer PM is a materials design company specializing in modifying and fine-tuning the properties of technical polymers. The company thrives on collaborating with plastics processors, fabricators, designers, specifiers, and brand owners. Drawing on a broad portfolio of resins –– from polyolefins to PEEK –– Techmer PM helps manufacturers enhance product function and appearance in scores of end-use markets. The firm operates six North American plants and has extensive expertise in virtually every plastic- and fiber-related process, from additive manufacturing and blown film to nonwovens, injection molding, and sheet extrusion. Techmer PM has been recognized six times since 2014 by Plastics News on its list of "Best Places to Work" in North America's plastics industry. Learn more at www.techmerpm.com.

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