# ICTC Group acquires Clariant's global tinting equipment business

ICTC Group Holdings Corporation has acquired the global tinting equipment business (formerly Italtinto) from Clariant Plastics & Coatings Ltd. The deal includes manufacturing facilities in Milan, Italy, and Mumbai, India, and is expected to close on November 30, 2016.

- Type: Acquisition
- Announced: 2016-11-07
- Where: Milan, Italy, Italy
- Status: announced
- Products: automatic dispensing machines, gyroscopic mixers, colour matching software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [ICTC Group Holdings Corporation](https://endata.com/companies/19575.md) (acquirer)
- [Clariant Plastics & Coatings Ltd](https://endata.com/companies/19576.md) (target)

## Sources

- [european-coatings.com](https://www.european-coatings.com/news/raw-materials/ictc-group-acquires-global-tinting-equipment-business-from-clariant/), 2016-11-07: "We are pleased to announce the acquisition of another business which demonstrates Italian manufacturing excellence, operating in a niche sector with a global footprint."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.