5-9-24, McHenry, IL: Chroma Color Corporation has acquired Approved Color LLC. a manufacturer of color concentrates and masterbatches in the Northeast.
Founded in 1975, Approved Color has provided quality chromatically matched colorants to the plastics industry. Much of the colorants that Approved Color creates are used in the manufacture of children’s toys, clothing, cookware, food containers, bottles, and other applications.
“In our experience, readiness is paramount in acquisitions. You must always be prepared to seize opportunities as they arise, as you never know when you’ll encounter a company like Approved Color LLC.,” states Joe Herres, CEO, Chroma Color Corporation. “We are very proud of our acquisition team’s unwavering dedication that has led us to add another high-quality color concentrate and masterbatch manufacturer to enrich our portfolio for our customers.”
Chroma Color is committed to growing our custom color business through both organic and inorganic activities. The acquisition of Approved Color further bolsters Chroma Color’s strengths in supporting our customers. The entire team is fully prepared and ready to support Approved Color customers during this time of transition and confident their customers will realize immense benefits from Chroma Color’s wide range of capabilities.
Chroma Color:
Chroma Color Corporation is a leading specialty color and additive concentrate supplier serving diverse markets, including wire and cable, packaging, healthcare, pharmaceutical, consumer products, among others. Chroma Color’s growth strategy includes a deep focus on organic growth as well as inorganic growth through several strategic acquisitions over recent years. Chroma’s extensive technical leadership and manufacturing expertise, coupled with its market-leading colorant, has delivered high value to customers for more than 50 years. chromacolors.com.