Techmer PM Acquires Colors for Plastics to Bolster Product Range

Deal News | Feb 05, 2025 | Globenewswire

Techmer PM, a notable materials design company specializing in polymer modification for masterbatch and engineered compounds, has successfully acquired Colors for Plastics. This acquisition aims to broaden Techmer PM's product offerings and strengthen its standing in the polymer industry. By leveraging Colors for Plastics' expertise in color technology, Techmer PM anticipates enhanced solutions that align with changing market needs, focusing on innovation and sustainability. This move marks Techmer PM's third acquisition within two years, underscoring its strategic commitment to expand its product and technology portfolio. Robert Dalleska, President of Colors for Plastics, will join Techmer PM as Vice President, further integrating the strengths of both companies to drive growth and success through innovative solutions.

Sectors

Polymer Industry
Manufacturing

Geography

United States – Both Techmer PM and Colors for Plastics have operations and headquarters based in the United States, making this a significant geography for the acquisition.

Industry

Polymer Industry – The acquisition is a strategic move in the polymer industry, which includes companies involved in the manufacturing and modification of polymer materials.
Manufacturing – The deal involves companies providing manufacturing solutions in plastics and related processes, highlighting the importance of this sector.

Financials

Undisclosed – The terms of the acquisition deal were not disclosed.

Participants

Name	Role	Type	Description
Techmer PM	Acquirer	Company	A materials design company specializing in polymer modification, aiming to expand its offerings through this acquisition.
Colors for Plastics	Target	Company	A provider of color concentrates and custom color solutions, recognized for its expertise in color technology.
Mike McHenry	CEO	Person	Chief Executive Officer of Techmer PM, leading the acquisition strategy.
Robert Dalleska	President of Colors for Plastics/VP of Techmer PM	Person	Current President of Colors for Plastics, who will join Techmer PM as Vice President.