Clinton, MA – February 2019 – Polymer Concentrates, Inc. of Clinton, MA (“PCI”) has been acquired by Chroma Color Corporation.
PCI develops and manufactures color concentrates for the international plastics industry.
“Over the past five decades, PCI has forged deep relationships with a wide range of customers in the automotive, communication technology, wire and cable, housewares, netting, packaging, and other specialty industries,” according to representatives from PCI.
Tom Bolger, CEO of Chroma Color said, “PCI has a solid reputation in the marketplace, and its facility is very close to our plant in Leominster.”
Chroma makes color concentrates based on a variety of resins for several markets. The firm employs about 400 and has annual sales of more than $150 million. Chroma now operates six production sites across the U.S.
MBS Advisors represented Polymer Concentrates in the deal.
Excerpts above were taken from a recent article published in Plastics News. To read the full article, click here.