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Techmer Pm Announces The Acquisition Of Advanced Color Technologies

PRIVATEJul 31, 2023

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.

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Company Information

Company

Techmer PM

Location

Clinton, Tennessee, United States

About

Techmer PM is a leading materials design company that works in partnership with plastics processors, OEMs, and designers to solve some of their most difficult business, manufacturing, and sustainability challenges. The company's solutions modify the aesthetics, as well as extend and maintain the physical properties of plastic products. The company designs custom solutions for customers to maximize performance through collaboration and by leveraging its leading-edge technology. Techmer PM was recognized by Plastics News on its "Best Places to Work” list in 2014, 2016, 2017, 2019, and 2020.

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Frequently asked

Who acquired Advanced Color Technologies?

Advanced Color Technologies was acquired by Techmer PM, based in Clinton. The deal was reported on July 31, 2023. Techmer PM is a leading materials design company that works in partnership with plastics processors, OEMs, and designers to solve some of their most difficult business, manufacturing, and sustainability challenges. Techmer PM is privately held and operates in Manufacturing.

When did Techmer PM acquire Advanced Color Technologies?

Techmer PM's acquisition of Advanced Color Technologies was reported on July 31, 2023. 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). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Advanced Color Technologies do?

It is privately held, operating in Manufacturing.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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