After a chaotic 2016, the ink industry slows down consolidation, with hubergroup’s addition of Alden & Ott a key exception.
David Savastano, Editor04.13.17
During the last few months of 2015 and throughout 2016, the printing ink industry finally joined up with its customers and suppliers in terms of mergers and acquisitions. Among the most notable highlights, Flint Group added the eighth-largest North American ink manufacturer (American Inks & Coatings) and the European publication offset and gravure ink business segment coalesced into a few large suppliers.
So far, though, 2017 has been rather quiet for the ink industry. To be fair, it has also been fairly silent for the printing industry as well, with the one major exception being WestRock Company’s announcement of an agreement to buy Multi Packaging Solutions International Limited (MPS) for a total enterprise value of $2.28 billion.
A print-based specialty packaging business, MPS specializes in folding cartons, inserts, labels and rigid packaging. The company reported close to $800 millionin sales for the past six months.
On the supplier side, merge
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