May 14, 2025 14:54
After establishing a leading Italian platform for additive and colorant masterbatches through the Impact Formulators Group (IFG) holding, Koinos Capital has signed an agreement to sell 100% of the business to Spanish company Delta Tecnic, which is backed by Italian investment firm Investindustrial.
The transaction involves three companies, all located in northern Italy, that will now become part of the Spanish group: Ultrabatch, based in Milan, specializing in functional masterbatch formulations for the agricultural sector; Masterbatch, located in Casei Gerola (Pavia province), a producer of flame-retardant additive concentrates primarily for the construction and electrical cable industries; and Eurocolor, headquartered in Varese, active in the production and marketing of masterbatches for coloring and additive solutions for polyolefins, styrenics and engineering plastics.
The group is expanding its North Carolina site to support growth in liquid colours and additives for thermoplastics and polyurethanes.
