D’Arcy Polychrome Seeks Further Capital to Expand Sales into US After Securing Over $650,000

D’Arcy Polychrome Limited (“DPL”) seeks NZD2 million of new equity investment to fund the commercialisation of drikolor™, a proprietary and high margin colouring system for paint and concrete. drikolor delivers colour through dry granulated pigments that rapidly mixed into base paints and concrete. Please click here for a short video introduction.

The company’s technology means drikolor can create new revenues for outlets such as design stores that recommend colour schemes, but have not previously been able to sell colour. It opens up the opportunity to sell colour to a range of homeware stores, designers and online channels that haven’t sold these mediums before, and gives them the potential to curate their own proprietary palettes.

DPL has already secured a sales agreement with Ixom (formerly Orica), which sells its colourant technology exclusively in NZ for concrete. DPL represents a global, high growth investment opportunity. DPL has also opened a US sales office in Culver City, CA to target US homeware stores.

The Information Memorandum contains an offer to raise up to NZD2 million through the issue of new shares at a price of NZD2.31 per share. Assuming NZD2 million is raised these new shares will represent 24.97% of the Company.

DPL will use investor funds to further build a sales and marketing team to execute on opportunities primarily in the United States following strong interest from leading architecture and design customers like Dwell. DPL also intends to streamline its manufacturing process to improve cost efficiencies; and to further its existing intellectual property.

The founding team has an in-depth knowledge of the paint industry, including considerable international experience. Their know-how, experience and skill provide another difficult to replicate advantage for the Company in dealing with both designers and the paint industry.

The offer has a minimum of $350,000, which has been exceeded through pre-commitments from the investor directors and the Chair. D’Arcy has so far secured over $600,000 through this offer.

For the Information Memorandum please click here. Thank you for your consideration of this investment opportunity. I look forward to learning of your interest to review further. DPL’s management, directors and I would be pleased to meet with you or your colleagues to discuss this further at your convenience.