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The purchase price has not been disclosed.
August 2, 2019
By: KERRY PIANOFORTE
Editor, Coatings World
Chromaflo Technologies Corp. concluded a purchase agreement with Liquid Colours (Pty) Limited of South Africa. Chromaflo Technologies has acquired the colorant dispersion division of Liquid Colours further enhancing Chromaflo Technologies’ position in the sub-Saharan African region. The purchase price has not been disclosed. The newly acquired colorant dispersion division includes pigment dispersions and colorant technologies for decorative paint point of sale, in-plant systems, industrial coatings and other applications which will be integrated into Chromaflo’s recently built plant in Johannesburg. The transfer of product lines, technology and personnel from the Liquid Colours’ dispersions division to Chromaflo will take place over the next twelve months. Chromaflo Technologies’ South African operations are part of Chromaflo’s APAC regional business, which is headquartered in Dandenong, Melbourne, Australia. “The combination of our existing business and that of Liquid Colours’ dispersion division is a significant and exciting development for our business in Southern Africa,” said John Dry, managing director and VP, APAC. “It provides us with a solid platform in both volume and technology, coupled with a diverse range of products to further increase our regional footprint.” Chromaflo Technologies South Africa will be headed by Lyle Peters, former GM of Liquid Colours and supported by S. R. Rao, Chromaflo’s regional commercial director ISC & SSA.
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