The acquisition of RCPI includes the liquid dispersion business and the pigment trading business.
The purchase price has not been disclosed.
Chromaflo also completed the simultaneous sale of the RCPI pigment trading division to Chemipol Solutions (Pty) Limited.
“The acquisition of RCPI generates exciting opportunities for our customers by expanding our product portfolio and our footprint in South Africa and sub-Saharan Africa. Selling the pigment trading portion of the business to Chemipol ensures continuity for the shared customer base” said John Dry, VP & managing director, Asia Pacific.