We are pleased to announce that CHAT Investments, the joint UK investment arm of Textile Rubber & Chemical Co., Inc. (TRCC) and other unnamed principals, has acquired DVM Pigments and Additives and DVM Curatives Ltd, located in Chorley, Lancashire, UK. The acquisition of DVM is expected to significantly enhance the capabilities and market reach of TRCC and its partners.
David Maltman, the founder of DVM, will remain in the position of vice president and general manager alongside Paul Saunders, who remains as business development director.
DVM specializes in the manufacture and supply of aqueous pigment dispersions, supplemented by the supply of both organic and inorganic pigments, biocides and additives. With a historic focus on technical expertise and service, research and development and quality, DVM possesses a proven and attractive product base. DVM’s products are primarily used in paint, construction (wood), latex dipped goods (gloves, balloons, etc.), paper, adhesives, ink and education supply.
“We are extremely pleased to have David, Paul and the entire DVM team join the TRCC family of companies,” stated TRCC President Chip Howalt. “Together with our partners in CHAT, we will build upon DVM’s successes by expanding both DVM’s production capabilities and market coverage, globally.”