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Clariant Acquires Rite Systems/Ricon Colors

Company plans to strengthen North American position

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By: TOM BRANNA

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Clariant has acquired the combined companies of Rite Systems, Inc. and Ricon Colors Inc., U.S. masterbatches suppliers with both liquid and solid masterbatches technology. According to the company, the purchase substantially strengthens Clariant Masterbatches’ market position in North America, a region offering important growth opportunities and a technologically demanding customer base. Terms of the agreement were not disclosed at press time. Founded in 1987 and with yearly sales of approx...

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