Founded in 1941 and headquartered in Cuyahoga Falls, Ohio, Americhem develops and manufactures color masterbatch and custom compound solutions that are necessary for the durability, quality and aesthetic of end products across a variety of markets including healthcare, fiber, transportation and building products.

Americhem has a diversified base of more than 1,500 customers globally and operates ten manufacturing plants with approximately 1,000 employees and sales offices located throughout North America, Europe and Asia. According to a statement from both companies, there will be no changes to Americhem’s current leadership team.

“We have long admired Americhem for its track record of success and its essential role in the value chain across its end markets,” said Kaitlyn Desai, principal at PCC. “We are very familiar with this sector and see many opportunities to build on Americhem’s strong foundation, accelerate growth and achieve sustained success together.”

“PPC is the ideal partner for Americhem’s next phase of growth and, importantly, the PPC team shares our core values of purpose, collaboration and continuous improvement,” said Rick Juve, chairman of Americhem.

John Richard, CEO at Americhem, added: “With PPC as our partner, I am confident in our trajectory to accelerate growth, expand R&D and innovation, and enhance our ability to solve our customers’ most complex challenges.”

Terms of the transaction, which is subject to customary closing conditions and is expected to close in the first quarter 2025, were not disclosed.