Vibrantz Technologies Inc.

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Vibrantz Technologies Inc. - overview

Established

1919

Location

Mayfield Heights, OH, US

Primary Industry

Chemicals

About

Founded in 1919 and based in Ohio, US, Vibrantz Technologies Inc. , formerly known as Ferro Corporation, operates as a producer of specialty materials that are sold to manufacturers for a variety of end products. The company began as an enameling company when it was founded in 1919 and has operated under the same name since incorporation. The firm consists of four business segments: Performance Colors and Glass, Color Solutions, Tile Coating Systems, and Porcelain Enamel.


The firm operates as a provider of frits, porcelain, stains, pigments, and inks. The product offerings of the company are categorized into 2 main groups; functional coatings, and color solutions. The functional coatings perform specific functions in the manufacturing processes and end products of its customers, and the color solutions provide anesthetic and performance characteristics to products. The products of the company include frits, porcelain, glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other types of specialty coatings.


Customers of Ferro Corporation will use the functional coatings and color solutions on markets and products such as appliances, automobiles, buildings, consumer products, electronics, industrial products, packaging, and sanitary uses. In 2020, the company generated USD 958. 95 million in revenue, USD 28. 8 million in net income, and USD 62.


81 million in EBIT. Prince International Corporation agreed to acquire the company in May 2021, and the intent is to create a global leader in particle engineering, glass science, and color technology.


Current Investors

Prince International Corporation

Primary Industry

Chemicals

Sub Industries

Adhesives & Sealants, Paints & Coatings, Commodity Chemicals

Website

www.ferro.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Vibrantz Technologies Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedVibrantz Technologies Inc.-
Add-onCompletedFerro Corporation's Tile Coatings Business-
Trade SaleCompletedEndeka Ceramics S.A.U.-
Trade SaleCompletedDip-Tech Digital Printing Technologies Ltd.-
BuyoutCompletedValtris Specialty Chemicals Limited-

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Vibrantz Technologies Inc. - employee data

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