Chromaflo buys South African colourant company

US provider of colourant technology Chromaflo Technologies Corp., which is owned by private equity firm American Securities, has concluded the purchase of South Africa’s Liquid Colours (Pty) Limited. Chromaflo has acquired the colorant dispersion division of Liquid Colours further enhancing its position in the African region. The purchase price has not been disclosed.

This is Chromaflo’s second acquisition in two years, with the first being Central de Colores Plásticos (Cecoplas) of Querétaro, Mexico. It bought Cecoplas’s pigment dispersion business and a manufacturing plant last year.

The newly acquired colourant dispersion division includes pigment dispersions and colourant technologies for decorative paint point of sale, in-plant systems, industrial coatings and other applications that 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 12 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/Vice-President, 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.”