We are pleased to announce that DVM Pigments & Additives (DVM) was acquired by CHAT Investments LTD, a joint investment arm of Textile Rubber & Chemical Co., Inc. (TRCC) and Excelkos Group of Companies Malaysia, bringing more than 100+ years of combined latex, dispersion and emulsion experience. DVM significantly enhances the capabilities and market reach of TRCC and Excelkos, while expanding the market reach of DVM. The acquisition of DVM is expected to significantly enhance the capabilities and market reach of TRCC and its partners.
David Maltman, the founder of DVM, will remain in the position of vice president and general manager, alongside Paul Saunders, who remains as business development director.
“We are extremely pleased to have David, Paul and the entire DVM team join the TRCC family of companies,” stated TRCC President Chip Howalt. “Together with our partners in CHAT Investments, we will build upon DVM’s successes by expanding both DVM’s production capabilities and market coverage, globally.”