Prince completes acquisition of Ferro Corporation

Prince International Corporation completes acquisition of Ferro Corporation, combines with Chromaflo Technologies and renames company Vibrantz Technologies Inc.

Prince International Corporation that it has completed its acquisition of Ferro Corporation.

In conjunction with the closing of the transaction, the company will also combine with Chromaflo Technologies, a premier global provider of colorant technology solutions.

The new company, renamed Vibrantz Technologies Inc., will be headquartered in Houston, Texas, and will be a global, diversified technology leader in advanced materials, color solutions and performance coatings with sales of approximately $2 billion.

The newly combined company employs approximately 5,400 people and operates 63 manufacturing sites across six continents.

Source : https://www.prnewswire.com/news-releases/prince-international-corporation-completes-acquisition-of-ferro-corporation-combines-with-chromaflo-technologies-and-renames-company-vibrantz-technologies-inc-301530369.html

Author

  • Ronald Ditmer

    Ronald Ditmer is the founder and managing director of Ditmer Trading & Consulting BV. Involved in the vitreous enameling industry since 1984 and specialized in setting-up complete enameling plants, designing enameling equipment and troubleshooting enameling processes & equipment.

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