Chromaflo Technologies acquires dispersion division of Liquid Colours
The acquisition will support Chromaflo Technologies’ recently built plant in Johannesburg, South Africa.
Chromaflo Technologies Corp. (Ashtabula, Ohio, U.S.) has announced that it has acquired the colorant dispersion division of Liquid Colours Ltd. (Johannesburg, South Africa), as of July 31, 2019. Chromaflo Technologies says this acquisition enhances its position in the sub-Saharan African region.
The newly acquired colorant dispersion division includes pigment dispersions and colorant 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 reportedly take place over the next twelve 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,” says John Dry, managing director and vice president at 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.”
Chromaflo Technologies South Africa will be headed by Lyle Peters, former general manager of Liquid Colours and supported by S. R. Rao, Chromaflo’s regional commercial director ISC & SSA.