Prisma Colour is now the UK’s largest independent Thermoplastic masterbatch manufacturer by acquiring Silvergate Plastics of Wrexham on 17th October 2024, with a group capacity in excess of 30KT of polymer processing capability.
Prisma Colour and Silvergate Plastics share a commitment to innovation, quality, and customer service. By joining forces, we are expanding the capabilities that both organisations have but also enhancing their ability to serve all customers and potential customers with an even broader range of high-quality products and services with the same legendary speed of response. We will ensure a smooth and seamless transition, maintaining the strong culture and values which have made Silvergate Plastics and Prisma Colour leaders in the plastics, rubber and allied industries.
Commenting on the acquisition, Dominic Philpot (group MD) said: ‘Combining the expertise, market knowledge and processing skills of both organisations really does bring a massive benefit to our entire customer base. There will be no disruption to any of our clients as we continue to operate both sites fully and maintain the excellent quality and great customer service that both entities have become well known for. This obviously means our employees will also be looked after and retained.’
He went further saying, ‘Joining forces with an already outstanding organisation like Silvergate, expanding and sharing human, financial and equipment resources can only provide greater opportunities to support customer developments with timely innovation for wider product offerings’.
Founded originally in 1984, Silvergate Plastics became part of the Vita group before becoming independent again following an MBO in 2008. With a massive range of over 100,000 bespoke products, Silvergate has a reputation for fast response times and excellent customer service.
Tony Bestall, who led the MBO in 2008 told us: ‘Owning Silvergate with my fellow shareholders for the last 16 years has been a real privilege. Seeing it now join forces with Prisma Colour is extremely exciting for the two companies. The combined operation will become the driving force of the sector, offering an unrivalled portfolio and the best customer service the industry has ever seen. I’m very excited to watch it develop!’
Prisma Colour was established in 1991, and has remained independent and owned by the same family, primarily supporting the rubber, plastics and associated industries with colour and additive concentrates.
During this time, The Prisma Group has built an enviable reputation for pigment dispersion specialisms and expertise working with various substrates and media. We have arguably the most comprehensive and wide product portfolio of any colour and additive concentrate manufacturer, with a highly skilled technical team for both colour and additive packages to offer the marketplace an all-in-one solution for end-application needs for a wide variety of media/substrates.
With sales to over 50 countries and links with transportation companies available for global delivery to anywhere in the world, we have a service driven and technically led team to ensure customer support is given the highest priority. Working from enquiry to delivery flexibly around customer needs with strong communication throughout the process to ensure a full understanding to all involved, to ensure the customer gets the exact product required first time.
There has been continuous and extensive investment throughout the company history with people, new process machinery and testing equipment, including an improved, stricter quality control regimen to ensure very accurate batch to batch consistency.
By joining forces with Silvergate Plastics, this acquisition really does strengthen the overall position of both companies for delivering the best possible products and service to the Thermoplastics sector. It’s great news for the thermoplastics industry and British industry in general!
Contact us today!
Phone: +44 (0) 1457 856505
Email: sales@prismacolour.com
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