Prince International Corporation to Acquire Ferro Corporation (Combine with Chromaflo to Form Vibrantz Technologies)

April 21, 2022

Prince International Corporation (American Securities portfolio company) announced an all-cash acquisition of Ferro Corporation for $22.00 per share, valuing the deal at approximately $2.1 billion. After closing, Prince planned to combine with Chromaflo Technologies and rebrand the combined business as Vibrantz Technologies Inc., headquartered in Houston, Texas.

Buyers
Prince International Corporation, American Securities LLC
Targets
Ferro Corporation, Chromaflo Technologies
Platforms
Prince International Corporation
Industry
Manufacturing
Location
Ohio, United States
Transaction Type
Buyout

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