The name is derived from what is supposed to be our family coat of arms which features three wolves (black wolves on a white background).
The chapter is from the second founding, from the Ultramarines. They are known (surprise, surprise) as the Wolves of Guilliman.
I wanted to give this chapter some unusual characteristics for Apocalypse play to entertain my own wee wolves - da boys.
So here are the colour schemes, courtesy of the excellent B&C.
First up the 1st Company & First Company Assault specialists, the Red Wolves (respectively):
The Second & Third companies (left to right):
The Fourth & Fifth companies (left to right):
The Sixth & Seventh companies (left to right):
The Eighth & Ninth companies (left to right):
More on the chapter's history, tactics and such later...