Americhem has acquired Prescient Color Limited, a leading Indian producer of textile and speciality masterbatches in several attractive niche applications, including synthetic fibres. Americhem is a global leader in custom colour and additive solutions for customers seeking superior performance and batch-to-batch consistency for their polymer products.
The acquisition complements Americhem’s position in the global synthetic fibre market and expands its geographic reach in a high growth region. Prescient has built a premier reputation with strong customer relationships. The company offers best-in-class fibre development technology and expands Americhem’s global reach and technical expertise.
Matthew Hellstern, CEO, Americhem said, “Prescient’s operating model and core values align with Americhem’s. We will continue to build upon our key attributes like performance, solutions, and trust. We are delighted to have Prescient join the Americhem family, and welcome Prescient employees to the Americhem team.”
Rohit Rathi, Prescient managing director said, “We are proud to have found a company like Americhem, a best in class supplier of polymer solutions. I am very excited for Prescient’s customers and employees alike. Our customers will benefit by having access to new innovative technologies, and our employees’ futures will continue to expand and thrive as part of the global Americhem family.”