The acquisition will strengthen Techmer PM's position in the concentrates and compounds market.
CLINTON, TN, Oct 4, 2024 – Techmer PM, LLC, a global leader in polymer materials design, announced today the successful acquisition of OptiColor, Inc., a full-service color compounder specializing in color concentrates and masterbatches for critical applications.
This strategic acquisition and the combined technology of the two organizations will further solidify Techmer PM’s position as an innovation leader in colorants and additives for the plastics industry, ensuring a promising future for the company and its stakeholders.
OptiColor, a company with a strong foothold in the color compounds market, was established in Huntington Beach, Calif., in 1995. OptiColor’s expertise lies in compounding custom concentrates, pre-colored materials, and specialty dyes into transparent, translucent, opaque, clear, white, and color products for critical applications, including performance eyewear, military lasers, and sustainable lighting solutions.
“We are thrilled to welcome OptiColor to the Techmer PM team. Their commitment to quality materials, customer service, and exceptional talent will bolster Techmer’s capabilities in the concentrate and compounds market and expand our technology portfolio,” said Mike McHenry, chief executive officer of Techmer PM.
“This acquisition is a clear demonstration of Techmer’s unwavering commitment to the plastics markets. Through investments in cutting-edge solutions, high-quality people, and expanded customer service, we are dedicated to creating a stronger Techmer to support customers and grow our business,” said Jon Rogers, vice president of global sales and marketing of Techmer PM.
Jennifer Bryan, who has been with OptiColor since 2012 and became president and chief executive officer when she acquired the company in 2021, has been in the industry for more than 30 years. She will join Techmer PM as vice president of technical sales for optics, laser, lighting, and sheet.
“Joining forces with Techmer PM will allow us to leverage their extensive expertise and resources. Together, we can continue to drive innovation and deliver exceptional solutions to our customers that require consistent, superior quality and customer service,” said Bryan.
The acquisition deal closed on October 1, 2024. The terms of the transaction were not disclosed.
The addition of OptiColor follows Techmer PM’s successful acquisition of Advanced Color Technologies last year. Techmer continues to look to expand its offerings in technical, innovation-driven markets through acquisitions.
For more information, visit techmerpm.com.