9 December 2015
Magenta Master Fibers (MMF)
is a world leading manufacturer of Masterbatch (MB)
for mass dyeing of synthetic fibers.
Having more than 35 years of experience,
from its two factories in Italy and in China, MMF provides
both high quality MBs and intensive technical service
to the global synthetic fiber industry.
Whether your specific needs are
for polyester or polyamide MB, MMF is positioned
to supply you with the highest quality
in a wide range of colors and functions.
DETAILS
a premier global provider of specialized polymer materials,
services and solutions,
today announced the acquisition of
Magenta Master Fibers (Magenta),
an innovative developer of specialty solid color concentrates
for the global fiber industry.
Polyone purchased Magenta from BASF for
which represents a multiple of 6.8x EBITDA.
The acquisition is expected to add
to revenues and be accretive to earnings in 2016.
Magenta's solutions span a wide range of uses, including
clothing and apparel, outdoor equipment,
high-performance products and
multiple materials used in the transportation industry.
And consistent with the megatrend of improving health and wellness,
additional textile growth opportunities
include applications within the hygiene, healthcare
and medical markets.
With operations in
65 percent of Magenta revenues are outside of
Magenta will operate within
which last month unveiled its revolutionary
new ColorMatrix™ Fiber Colorant Solutions
that provide late-stage color injection
in fiber applications utilizing liquid solutions.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
