Clariant Acquires RiteSystems, Ricon Colors

Switzerland-based global specialty chemicals provider Clariant has acquired liquid and solid masterbatch suppliers Rite Systems Inc. and Ricon Colors Inc., sister companies based in West Chicago, Ill., with operations in North Carolina, California and Austria. The terms of the acquisition were not disclosed.

 “Rite Systems/Ricon Colors is an excellent partner to expand our product and service offering in North America, especially for our customers in the packaging and consumer goods market segments,” said Dominik von Bertrab, head, Clariant Masterbatches. “Further, Rite’s outstanding reputation in liquid color will allow us to leverage this new competence into other regions where Clariant enjoys strong market positions such as Europe, Asia and Latin America.”

July 15, 2008