M&A Deal Summary

Ascent Industries Acquires Color Resources

On August 29, 2013, Ascent Industries acquired chemicals company Color Resources

Acquisition Highlights
  • This is Ascent Industries’ 1st transaction in the Chemicals sector.
  • This is Ascent Industries’ 2nd transaction in the United States.
  • This is Ascent Industries’ 1st transaction in South Carolina.

M&A Deal Summary

Date 2013-08-29
Target Color Resources
Sector Chemicals
Buyer(s) Ascent Industries
Deal Type Add-on Acquisition

Target

Color Resources

Fountain Inn, South Carolina, United States
Color Resources LLC is a manufacturer of chemical colorants.

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Buyer(S) 1

Buyer

Ascent Industries

Oak Brook, Illinois, United States

Category Company
Founded 1945
Sector Manufacturing
Employees514
Revenue 178M USD (2024)
DESCRIPTION

Ascent Industries encompasses a portfolio of highly respected manufacturing businesses including Manufacturers Chemicals, DanChem, CRI Tolling, Bristol Tubular Products, the stainless steel and galvanized pipe and tube operations of Marcegaglia USA, and American Stainless Tubing. Ascent Industries was founded in 1945 and is based in Oak Brook, Illinois.


DEAL STATS #
Overall 2 of 5
Sector: Chemicals M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
State: South Carolina M&A 1 of 1
Country: United States M&A 2 of 5
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-03 Ram-Fab

Crossett, Arkansas, United States

Ram-Fab is a fabricator of custom piping systems. Ram-Fab regularly works with both carbon and exotic metals and can provide complete turnkey fabrication solutions. They serve multiple market segments, including the petro-chemical, water/wastewater, mining, and heavy manufacturing industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-04 Ram-Fab

Crossett, Arkansas, United States

Ram-Fab is a fabricator of custom piping systems. Ram-Fab regularly works with both carbon and exotic metals and can provide complete turnkey fabrication solutions. They serve multiple market segments, including the petro-chemical, water/wastewater, mining, and heavy manufacturing industries.

Sell -