Chromaflo Technologies, CPS Color’s Colorants Business Combine
Chromaflo Technologies and CPS Color’s colorant business have combined to reportedly create one of the leading independent global colorant system and pigment dispersion platforms. As a result of the combination, the former CPS Color Equipment Business Unit will become a standalone company under the brand name COROB.
The new colorants and dispersions specialist will operate under the name Chromaflo Technologies and will be headquartered in Ashtabula, Ohio, with production facilities in the U.S., Canada, the Netherlands, Finland, Australia, and China. Sales and technical support will also be provided throughout North and South America, Europe, Australia, China, India, and Southeast Asia.
“The combination of the CPS Colorants business with Chromaflo Technologies is a perfect fit of two players in different segments of the colorants industry,” said Scott Becker, CEO of Chromaflo Technologies. “This combination brings together complementary manufacturing capabilities, broadens our base of technologies and expands our global platform. All of this, when backed with a strong customer focus by an experienced team, will enable us to meet customers’ varied requirements on both a local and global basis.”
Peter Baggen, formerly executive vice president of Colorants at CPS Color, will run the EMEA operations of Chromaflo Technologies. “The new platform will allow us to create greater value and provide expanded opportunities for our customers,” Baggen said. “Integrated tinting, which means having the best possible product in each part of the tinting process, will remain our focus.”
For more information, visit www.chromaflo.com.