Prince International (American Securities) Acquires Ferro Corporation and Combines with Chromaflo to Form Vibrantz Technologies

April 21, 2022

Prince International Corporation, a portfolio company of American Securities LLC, acquired Ferro Corporation for $22.00 per share in an all-cash transaction valued at approximately $2.1 billion. At closing, Prince combined Ferro with Chromaflo Technologies (also an American Securities portfolio company) and rebranded the combined business as Vibrantz Technologies, a global leader in color solutions, performance coatings and advanced materials.

Buyers
Prince International Corporation, American Securities LLC
Targets
Ferro Corporation
Sellers
Ferro shareholders
Platforms
Prince International Corporation
Industry
Manufacturing
Location
Ohio, United States
Transaction Type
Addon

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