For ink manufacturers, growing along with their customers is essential. During the past year, leading international ink manufacturers have made their own strategic calculations. In response to the growth in digital printing, T&K Toka and Wikoff Color have added inkjet to their portfolio. DIC Corporation and Flint Group acquired Latin American ink manufacturers. DIC (Turkey), Toyo Ink (Vietnam and Brazil), Sakata INX (Japan, UK and U.S.), Siegwerk (Colombia) and others added new manufacturing plants to better serve their customers.
The most important news, of course, is the acquisition of Flint Group by Goldman Sachs and Koch Industries, which should be completed in the second half of this year. Flint Group is the second-largest global ink manufacturer, with consolidated sales of $2.9 billion in inks, pigments and printing supplies.
As industries evolve, successful companies will find opportunities to grow. The same holds true for the ink industry, and time will tell which companies will have the vision to move forward.
|8||Tokyo Printing Ink||$478M|
|10||Fujifilm North America||$375M*|
|13||Yip’s Chemical Holdings||$215M|
|16||Sanchez SA de CV||$131M|
|17||Royal Dutch Van Son||$130M*|
|18||Xinxiang Wende Xiangchuan||$100M*|
|21||DYO Printing Inks||$56M|
* Ink World estimate