ChromaScape Acquires CEL Chemical

November 29, 2022

ChromaScape, a specialty colorants and additives supplier backed by Heartwood Partners, has acquired CEL Chemical, a Piedmont, South Carolina-based manufacturer of adhesives, additives and modifiers for the corrugated paperboard packaging industry. The acquisition expands ChromaScape's packaging chemical product line and follows the retirement of CEL Chemical founder Jim Messenger; Heartwood Partners supported the transaction as the sponsor of ChromaScape.

Buyers
ChromaScape, LLC, Heartwood Partners
Targets
CEL Chemical, Inc.
Sellers
Jim Messenger
Platforms
ChromaScape, LLC
Industry
Packaging
Location
South Carolina, United States
Transaction Type
Addon

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