Lugano, Italy – Repi, which specialises in polyurethane colorants, has bought Novosystems. This will add liquid colours and additives for thermoplastics to its portfolio.
Repi said the acquisition will improve its market penetration in Germany. It should also help it to grow in Central and Northern Europe.
Filippo Angiolini, Repi's CEO said: 'Germany has long been one of the most important markets, and this investment strengthens our commitment to the country.'
He added that the Novosystems purchase gives his company access to interesting and complementary technology platforms.
Novosystems is located in Seevetal near Hamburg in Germany, and has been in business for 30 years. It also offers customers the capability to build their own colouring recipes. No price was disclosed.