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Fibro Chem acquires assets of Four Colors & Resource Solutions

22
Mar '08

Fibro Chem LLC is pleased to announce that it has acquired the assets of Four Colors Inc and Resource Solutions LLC. Four Colors is a leading provider of dyestuffs used in dyeing processes primarily within the carpet manufacturing industry but including other industries using similar dyes, such as paper and textiles.

Resource Solutions sells chemical auxiliaries used in the dyeing process. The combined companies have enjoyed significant growth based on the quality of their products and unparalleled customer service and responsiveness.

Mike Hayes, CEO of Fibro Chem, said: “The combination of our companies enables us to better serve our core carpet manufacturing customers by broadening the range of areas in which we can strategically partner with them to produce high quality products at the lowest possible cost. Furthermore, the quality of our people and our proprietary chemistries positions us for significant growth opportunities.”

Fibro Chem is a manufacturer of specialty chemicals designed for use in a variety of industrial applications. Founded in 1975 the company through its CTC division is a leading provider of lubricants used in manufacturing fiber and yarn for carpet.

Through its XL and IS divisions Fibro Chem also manufactures silicone based polymers and foam control agents that are used across a broad spectrum of industries including; coatings, adhesives, sealants, personal care, medical, and textile.

Fibro Chem is committed to becoming a leading innovator of specialty chemicals used across a wide array of industries.We pride ourselves in providing the highest quality service and being a strategic partner to our customers.

CLB Partners, LLC and CDI Global jointly provided M&A advisory services to Fibro Chem on its acquisition of Four Colors Inc and Resource Solutions LLC.

Fibro Chem LLC

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