11.06.18
Chromaflo Technologies acquired Central de Colores Plásticos’ (CECOPLAS) colorants business.
Chromaflo Technologies and CECOPLAS came to a purchase agreement whereby Chromaflo Technologies will acquire CECOPLAS’ colorants with production in Querétaro, Mexico.
Production will remain at the current location in Mexico.
“The acquisition of this business fromCECOPLAS is consistent with our efforts in supplying quality colorants and additives for high-performance thermoset products in the Americas’ markets and beyond,” said Scott Becker, president and CEO of Chromaflo Technologies. “The addition of CECOPLAS will provide us an opportunity to serve the Mexican market to a more effective degree.”
“With any merger or acquisition, our No. 1 goal is to assure continuity of supply while building stronger relationships to enable us to meet and exceed customers’ expectations,” said Larry Haines, VP of mergers and acquisitions at Chromaflo Technologies.
The business acquisition is effective Nov. 1, 2018.
Chromaflo Technologies and CECOPLAS came to a purchase agreement whereby Chromaflo Technologies will acquire CECOPLAS’ colorants with production in Querétaro, Mexico.
Production will remain at the current location in Mexico.
“The acquisition of this business fromCECOPLAS is consistent with our efforts in supplying quality colorants and additives for high-performance thermoset products in the Americas’ markets and beyond,” said Scott Becker, president and CEO of Chromaflo Technologies. “The addition of CECOPLAS will provide us an opportunity to serve the Mexican market to a more effective degree.”
“With any merger or acquisition, our No. 1 goal is to assure continuity of supply while building stronger relationships to enable us to meet and exceed customers’ expectations,” said Larry Haines, VP of mergers and acquisitions at Chromaflo Technologies.
The business acquisition is effective Nov. 1, 2018.
