Ampacet Plans to Expand Global Resources With Acquisition of Australia-Based Allied Color and Additives

TARRYTOWN, N.Y., May 30, 2014 /PRNewswire/ -- Ampacet Corporation, a leader in the global production of color and additive masterbatch, has announced that it has entered into definitive agreements to acquire Allied Color and Additives (ACA), headquartered in Mitcham, Australia. ACA specializes in color and functional additive masterbatch for the Australian and New Zealand markets.  Closing of the acquisition is currently anticipated to occur in July.

"We are delighted to be moving forward with bringing the capabilities of Allied Color into our fold,'" says Ampacet President and CEO Robert DeFalco.  "Continued expansion in the Asia-Pacific region has long been part of our growth strategy."

Privately-held ACA employs 40 and operates manufacturing facilities in both Australia and New Zealand.  "This acquisition will serve to further strengthen the high level of products and services ACA customers have come to expect over the years," says Anthony Sewell, Allied Managing Director.  "Ampacet's commitment to product innovation and customization, as well as unprecedented customer service, have long been our mission.  Ampacet excels in those areas and our customers will welcome Ampacet's commitment to their success."

About Ampacet
With 22 manufacturing sites located in 15 countries, Ampacet Corporation is a global masterbatch leader offering the broadest range of custom color, special effect, black, white and specialty additive masterbatches for molding and a multitude of other processes and applications.  Headquartered in Tarrytown, N.Y., Ampacet Corporation employs more than 1,900 people worldwide and operates technical and color development centers and manufacturing sites throughout the Americas, Asia and Europe.   

SOURCE Ampacet Corporation