Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Arsenal Capital Partners Acquires Carolina Color, Breen Color Concentrates - Ink World Magazine

What are you searching for?

Sign in
Industry News, Mergers and Acquisitions, Suppliers News

Arsenal Capital Partners Acquires Carolina Color, Breen Color Concentrates

Also gains those companies’ management teams.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Arsenal Capital Partners acquired both the Carolina Color Corporation and Breen Color Concentrates, LLC, as well as the companies’ management teams.
 
Headquartered in Salisbury, NC, Carolina Color supplies custom color concentrates for the plastics industry. 
 
Headquartered in Lambertville, NJ, Breen supplies custom color concentrates for the plastics industry with a focus on the wire and cable, packaging, and consumer end markets. 
 
In February 2016, Breen acquired Hudson Color Concentrates. Breen and Hudson were majority-owned by Connecticut-based private equity firm Capital Partners.
 
“The combination of Breen and Carolina Color is a perfect fit of two players in the color concentrate space,” Breen president Howard DeMonte said.
           
“This combination represents the next phase of growth for both businesses and is an important milestone in our strategy to build a leading color concentrate business offering customized and proprietary solutions,” said Tim Zappala, a partner of Arsenal.

Twin Brook acted as joint lead arranger and administrative agent for financing to support Arsenal Capital’s leveraged buyout of Breen Color Concentrates.

 

Image via Shutterstock

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters

Topics