Delta Plast Group will retain its existing trade name and trademark.

.A.Schulman has acquired Sweden’s Delta Plast Group, the colour masterbatch manufacturer with plants in Sweden and Belgium, subject to regulatory approval, the US compounding and masterbatch major announced this week. The business will be operated as a division of Schulman’s Polybatch unit under current owner Ake Berg and will retain its existing trade name and trademark. “This acquisition moves our European capabilities another step forward by substantially expanding our offerings of colour masterbatches,” said Schulman ceo Terry Haines.

According to Jack Taylor, Schulman’s general manager for Europe and Asia, Delta enjoys a high reputation for quality and customer service and operates in a different market sector from its new owner.

Delta Plast was set up in 1986 and according to its website now has a €13m business in colour masterbatch with annual production of more than 3,500 tonnes of material. In the late 1990s, the company established a UK operation at Wellingborough under a strategy which was not pursued. Its Belgian unit was established in 2001.