ChromaScape takes over Greenville Colorants
ChromaScape, a specialty chemicals manufacturer of pigments, colourants and additives, has taken over Greenville Colorants, a processor of liquid and powder dyes, marking an expansion of products serving paper, printing inks and textile industries. Greenville Colorants provides customers opportunities to innovate with custom colour formulations.
Greenville Colorants' technical capabilities, broad portfolio of over 2,000 products and advantageous geographic locations in New Jersey, South Carolina and California offers customers many benefits and allows them to innovate with custom colour formulations.
"Greenville Colorants complements ChromaScape in many ways and their core competency is completely in line with what we do," said Joe Majewski, chief executive officer, ChromaScape. "Greenville serves similar and adjacent markets and will allow us to extend our manufacturing footprint in the Southeast. We're excited about this addition to the ChromaScape family and our ability to provide even greater technical expertise in a variety of applications to our respective customers."
"Ron and I are greatly pleased to join forces with the deep bench of wonderful and talented people throughout all of ChromaScape," commented Joe Lynch, Greenville Colorants' president and chief executive officer. Ron Weiss, Greenville Colorants' chairman, added "The natural synergy between our two dyed-in-the-wool, colour-to-the-core companies becomes more obvious and gratifying every day."
ChromaScape's current investors, management team, Weiss and Lynch all invested to complete the transaction. The two will join the ChromaScape executive leadership team.