Polyone Corp has acquired Rutland Holding Co. of Pineville, N.C. Rutland makes "customized formulations for consumer applications". The acquisition will expand PolyOne's specialty color, additives and inks portfolio.
PolyOne will continue to market Rutland's brand names, including Rutland, PRINTOP, QCM and Union Ink, as well as its own Wilflex products.
The acquisition is expected to be immediately accretive to earnings. The purchase price was not included in the release, and a message to the company was not returned as of publication.
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