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18 April 2024
Vibrantz sells Onda, Spain, manufacturing operations to Xphere Global Specialities, S.L., an affiliate of Vidres India Ceramics Pvt. Ltd.
HOUSTON, April 18, 2024 – Today, we announced that on April 18, 2024, Vibrantz sold its Onda, Spain, manufacturing operations (the “business”) to Xphere Global Specialities, S.L., an affiliate of Vidres India Ceramics Pvt. Ltd.
As part of this transaction, Vibrantz sold its Onda facility and related manufacturing equipment at the site to Xphere, and the acquiror hired the related business employees. Vibrantz also licensed the Ferro name and trademark to an affiliate of Xphere for use in the ceramic wall and floor tiles and sanitaryware markets. Vibrantz’s digital inks and cork spray product lines were not included in the sale.
“This sale allows Vibrantz to focus on our core products of functional glass coatings and porcelain enamels for industrial, automotive and decorative applications across our Performance Coatings portfolio,” said Matthias Bell, executive vice president of corporate engineering and capital project management at Vibrantz. “In the coming months, we will transfer our digital ink at Onda to our nearby Almazora, Spain, facility and our spray cork product line to another facility. As a long-time employer and proud member of the manufacturing business community in the Valencia region, this transaction allows us to leverage our Almazora operations as we continue delivering strong customer service and high-performing products for glass and porcelain enamel customers worldwide.”
“This acquisition is a significant step forward as we expand our presence in the ceramic floor and wall tile and sanitaryware markets,” said Vishal Trivedi, president of Vidres India Ceramics Pvt. Ltd. “Our customers will benefit from the product capabilities this transaction brings to our portfolio. Additionally, Ferro has long been a strong brand in the ceramics industry, representing quality and innovation since the early 20th century. By incorporating and licensing the Ferro brand into our agreement, we are demonstrating our dedication to providing top-tier products to the market and advancing our long-term strategic vision for the ceramic sector.”
About Vibrantz Technologies
Vibrantz is a leading global provider of specialty chemicals and materials whose purpose is to bring color, performance and vibrancy to life. Serving over 11,000 customers, our products and technologies serve a wide array of applications and make their way into myriad consumer products. With key competencies in particle engineering, glass and ceramic science and color technology, Vibrantz has leading positions in specialty mineral and chemical additives for batteries, electronic components and construction; pigments for paints and coatings, thermoset plastics and thermoplastics; and high-performance glass coatings and porcelain enamel solutions. Headquartered in Houston, Texas, the company employs approximately 4,000 people and operates 61 manufacturing sites across six continents. Visit vibrantz.com to learn more.