PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions, today announced the acquisition of Mesa, a North American producer of color and additive materials and services.

Founded in 1990 and privately-owned, Mesa produces both solid and liquid colorant technologies and operates two facilities located in Phoenix, Arizona and Fort Smith, Arkansas.  Mesa serves a diverse range of end markets including packaging, consumer products and outdoor equipment.

"Our color and additives offerings continue to expand, and we're very excited that Mesa is the latest addition to our leading portfolio of solutions," said
Robert M. Patterson, chairman, president and CEO, PolyOne Corporation.   

"Mesa is our fourth specialty color acquisition in the last eight months," Mr. Patterson said.  "We continue to focus on these successful bolt-on opportunities where we can invest to grow, leverage our service and innovation expertise, and collaborate across all our PolyOne businesses."

"Our recent portfolio actions are representative of the momentum we have and will continue to build upon as we accelerate specialty growth," Mr. Patterson added.  Along with the recent acquisition of Rutland and the announced divestiture of Designed Structures and Solutions, the company plans to discuss Mesa in more detail on its second quarter investor call.

 

Source: polyone.com

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