Stout Advises Chroma Color Corp. on Acquisition of Plastics Color Corp.
Stout announced that Chroma Color Corp. (Chroma), a portfolio company of Arsenal Capital Partners, has acquired Plastics Color Corp. (PCC). Chroma is a leading specialty color and additive concentrate supplier serving the global plastics marketplace. Stout served as financial advisor to Chroma in connection with this transaction.
PCC, with facilities in Asheboro, NC, and Calumet City, IL, is a manufacturer of color concentrates, functional additives, and custom polymer masterbatch.
“PCC has a strong base of customers and is known for solution-based products and strong service, both being pillars of Chroma’s offerings,” said Chroma Color CEO Tom Bolger. “PCC’s presence in medical and pharmaceutical products, food packaging, consumer packaged goods, and construction applications will bring more technologies and know-how to Chroma to allow us to better serve our customers and continue our growth.”
David Evatz, Managing Director and Head of the Plastics practice in Stout’s Investment Banking group, added, “PCC brings additional capabilities and diversification to Chroma, which has established itself as a leader in the plastics color and additive industry.”
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