Prince International completes Ferro acquisition and renames company Vibrantz Technologies

Prince International completes Ferro acquisition and renames company Vibrantz Technologies

Prince International Corporation, a portfolio company of American Securities LLC, has completed its acquisition of Ferro Corporation. The company will combine Ferro with Chromaflo Technologies, also an American Securities portfolio company.

The new company, renamed Vibrantz Technologies Inc., will be headquartered in Houston, Texas, and offers advanced materials, colour solutions and performance coatings with sales of approximately $2 billion.

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

Vibrantz Technologies will operate in three business segments:

Advanced Materials: specialty mineral and chemical additives for end-uses such as alkaline and lithium-ion batteries, electronic components, building and construction, agriculture and animal nutrition and foundries.

Colour Solutions: dry powder pigments, pigment dispersions and liquid colorants for the paints and coatings, thermoset plastics, thermoplastics and construction markets.

Performance Coatings: high-performance glass coatings and porcelain enamel solutions for coatings, glass and other manufacturers.

www.vibrantz.com