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PolyOne Corporation Acquires IQAP Masterbatch

PolyOne Corporation announces the acquisition of IQAP Masterbatch Group S.L., a provider of specialty colorants and additives. 

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CLEVELAND-PolyOne Corporation announces the acquisition of IQAP Masterbatch Group S.L., a provider of specialty colorants and additives. Based in Spain, IQAP serves customers throughout the European market.

“IQAP is a fantastic addition to our longstanding and growing expertise in color and additives innovation,” states Robert M. Patterson, CEO of PolyOne Corporation. “The end markets that IQAP serves are perfectly aligned with areas PolyOne knows very well, and together we will advance the possibilities for our European customers working to meet demanding new standards for design, functionality, and performance.”

IQAP serves multiple markets including packaging and textiles and operates two production facilities as well as a technology lab in Spain. The company also maintains manufacturing operations in the Czech Republic.

“I’m thrilled for IQAP customers and employees whose future can continue to grow and prosper as part of the global PolyOne family,” notes Xavier Rovira, IQAP founder. “We evaluated many potential buyers for IQAP, and PolyOne was the clear choice that best aligns with our vision and ideals for world-class innovation and customer service.”

The addition of IQAP comes as PolyOne continues to grow its footprint in multiple regions and markets. In June 2017, the company announced the acquisition of North Carolina-based Rutland Holding Company, a provider of screen-printing applications for the apparel market.

For more information, visit http://www.polyone.com

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Mike Clark

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