Chromaflo Technologies Buys Colorants Business of Elementis Specialties Inc.
ASHTABULA, OH – Chromaflo Technologies Corp. has executed a purchase agreement with Elementis Specialties Inc. in which Chromaflo Technologies has acquired the Elementis Tint-Ayd® line of colorant products and select Dapro® driers supplied from the United States. The acquisition of products became effective March 17, 2017. The purchase price was not disclosed.
“The acquisition of these products from Elementis Specialties is consistent with our efforts in supplying quality colorants and additives for high-performance industrial coatings and architectural paints in the Americas markets and beyond,” said Scott Becker, President and CEO of Chromaflo Technologies Corp. “The Tint-Ayd line of colorant products and Dapro driers fit well with our existing lines, increasing customers’ options in support of these industries.”