Nuplex Industries has today announced its acquisition of Acquos’s Masterbatch business.
Acquos Masterbatch manufactures additives known as Masterbatch that colour and enhance the performance of plastics, as well as industrial and agriculatural applications including wire coatings and plastic sheeting.
The $23.5 million purchase will add to Nuplex’s presence in the masterbatch industry, as it already owns and operates Culamix, which adds new colour technologies and manufactures black masterbatch.
The two companies will be combined to make Nuplex Masterbatch, which is expected to become the leading masterbatch supplier in Australia and New Zealand.