M&A Deal Summary

ChromaScape Acquires Kemira - Colorants & Dye Business

On May 8, 2023, ChromaScape acquired chemicals company Kemira - Colorants & Dye Business from Kemira

Acquisition Highlights
  • This is ChromaScape’s 2nd transaction in the Chemicals sector.
  • This is ChromaScape’s 1st transaction in Finland.

M&A Deal Summary

Date 2023-05-08
Target Kemira - Colorants & Dye Business
Sector Chemicals
Buyer(s) ChromaScape
Sellers(s) Kemira
Deal Type Divestiture

Target

Kemira - Colorants & Dye Business

Helsinki, Finland
Kemira Colorants & Dye Business provides basic and direct dyes, organic pigments, and special colorants which are used in numerous paper and packaging applications such as tissue, cardboard, newspaper and high-end packaging solutions for jewelry, cosmetics, and food stuffs.

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Buyer(S) 1

Buyer

ChromaScape

Independence, Ohio, United States

Category Company
Founded 1998
Sector Chemicals
DESCRIPTION

ChromaScape is a producer of dispersions and additives serving landscaping, building materials, graphic arts, and food markets through its four business units: Amerimulch, Solution Dispersions, ChromaPave and Innotech. ChromaScape was founded in 1998 and is based in Independence, Ohio.


DEAL STATS #
Overall 2 of 2
Sector: Chemicals M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-16 Greenville Colorants

New Brunswick, New Jersey, United States

Greenville Colorants is a processor of liquid and powder dyes, representing a significant expansion of products serving paper, printing inks, and textile industries. Greenville Colorants is based in New Brunswick, New Jersey.

Buy -

Seller(S) 1

SELLER

Kemira

Helsinki, Finland

Category Company
Founded 1920
Sector Chemicals
Employees4,851
Revenue 2.9B EUR (2024)
DESCRIPTION

Kemira is a provider of sustainable chemical solutions for water-intensive industries, delivering tailored products and services to improve the product quality, processes, and resource efficiency of our diverse range of customers. Kemira was founded in 1920 and is based in Helsinki, Finland.


DEAL STATS #
Overall 4 of 4
Sector: Chemicals M&A 4 of 4
Type: Divestiture M&A Deals 4 of 4
Country: Finland M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-08 Polymer Services

Planville, Kansas, United States

Polymer Services LLC is a highly specialized company focusing on field application of polymer gel treatments for enhanced or improved oil recovery, using state of the art equipment to blend, apply and monitor the treatments in the field.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-16 Water Engineering

Mead, Nebraska, United States

Water Engineering is a provider of industrial water treatment solutions and products, technical consultation, and services for a wide variety of end-market applications. The company serves over 2,000 customers across 24 states. Water Engineering was formed in 1994 and is based in Mead, Nebraska.

Buy $150M