Passaic Acquisition of vat dye business

摘要

Passaic Color and Chemical, East Rutherford, NJ/USA, a division of Royce Associates, London/UK, has acquired CH Patrick & Co's, Salisbury, NC/USA, vat dye business. The acquisition follows the trend for consolidation in this market where size is increasingly important to maintain scales of economy. Passaic is the largest supplier of vat dyes in the US market.