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CPS Color

Status
Realised
Country
Finland
Strategy
Mid Cap
Sector
Industrials
Entry
Oct-00
Exit
Jun-08
Fund
IK 2000

Leading producer of colourants and integrated tinting specialist

CPS Color Group is the world’s leading supplier of tinting systems and technology. It is the only company in the world that supplies all of the necessary tinting system components: colorants, dispensers, mixers, software, marketing materials, technical support and consulting services.

Formerly known as Tikkurila CPS, CPS Color is based in Vantaa, Finland and has approximately 900 employees in eleven countries,

The IK 2000 Fund completed the buyout of CPS from Kemira Oyj in October 2000, later exiting to Nordic Capital in June 2008. Chromaflo Technologies and CPS Color’s Colorants business combined in 2013 to form a global colour solutions platform. As a result of the merger, the former CPS Color Equipment business unit became a standalone company, operating under the well established brand name COROB.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Explore and target new markets & customer segments;
  • Take advantage of increased usage of tinting in the paint industry; and
  • Leverage CPS’ position as a leading tinting systems supplier.