Industry News, Mergers and Acquisitions, Suppliers News

Arsenal Capital Partners Acquires Plasticolors, Colortrend Business from Evonik

Creates Chromaflo Technologies LLC

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Arsenal Capital Partners, a New York-based private equity firm that invests in middle-market specialty industrial, healthcare and financial services companies, acquired Plasticolors, Inc. and Evonik Industries’ Colortrend global colorants business to create Chromaflo Technologies, the largest independent global pigment dispersion platform, the company said. Headquartered in Ashtabula, OH, Plasticolors, Inc. was founded in 1970 and is a supplier of pigment and chemical dispersions to the therm...

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