At Stand 7-159, CPS Color Group Oy has announced the acquisition of LENTEQ Industries B.V., a specialist provider of dispensing and mixing equipment based in Lisserbroek, the Netherlands. It has been acquired from Stibbe Management B.V., a privately held investment group, based in the Netherlands. LENTEQ has an annual turnover of approximately EUR 3 million.
LENTEQ’s strengths in innovative piston pump technology are set to enhance and complete CPS Color’s product portfolio. CPS Color is the only supplier to offer end-to-end tinting solutions, including colorants (liquid pigments), dispensing and mixing equipment, software and color marketing tools, as well as a global sales and support network.
While CPS Color already offers piston pump dispensers as part of its COROB equipment line, LENTEQ’s additional products will further enhance CPS Color’s portfolio. LENTEQ offers piston pump equipment covering a broad range, from 16-canister right up to 32-canister machines. While few paint producers operate tinting systems based on 32 colorants, a 32-canister machine enables two different tinting systems to be run on a single machine. Paint producers could, for example, combine a solvent (industrial) tinting system and a VOC-free system, using sets of 16 colorants each. This concept is often applied to sell a wider product range of paints in smaller and medium-sized outlets.
CPS Color is also showcasing the latest in tinting technology, including its VOC-free colorants. The company’s portfolio also includes waterborne, solvent and low-VOC options to satisfy any decorative or industrial coating need.
CPS Color Announces Acquisition of Dispensing Equipment Specialist LENTEQ
March 30, 2011