01.20.20
INX International Ink Co. announced it has agreed to acquire RUCO Druckfarben, a printing ink manufacturer in Eppstein, Germany.
The transaction is expected to be completed by the end of the first half of 2020.
“RUCO is an established and recognized ink supplier with considerable market experience and technical knowledge,” said Peter Lockley, president of INX Europe. “Our integration will focus on combining the technologies of the two companies for the benefit of customers.
“With this investment, we plan to advance their portfolio and expand RUCO’s lead position as a supplier to the toy, pharmaceutical and packaging industries," Lockley continued. "Customers will have greater access to the world-class technologies and best practices leveraged from the larger global presence of our parent company, Sakata INX.”
“The know-how of our employees in screen and pad printing optimally complements the portfolio of INX," added Heinz Walter Menke, owner and managing director of RUCO Druckfarben.
Once the transaction is finalized, Moritz Hartmann will take over as sole managing director and will manage the company with the current leadership team.
Hartmann has been a member of the RUCO Druckfarben management team since 2015.
The company itself was founded in 1857 and today employs approximately 150 people, with representatives in more than 70 countries.
The transaction is expected to be completed by the end of the first half of 2020.
“RUCO is an established and recognized ink supplier with considerable market experience and technical knowledge,” said Peter Lockley, president of INX Europe. “Our integration will focus on combining the technologies of the two companies for the benefit of customers.
“With this investment, we plan to advance their portfolio and expand RUCO’s lead position as a supplier to the toy, pharmaceutical and packaging industries," Lockley continued. "Customers will have greater access to the world-class technologies and best practices leveraged from the larger global presence of our parent company, Sakata INX.”
“The know-how of our employees in screen and pad printing optimally complements the portfolio of INX," added Heinz Walter Menke, owner and managing director of RUCO Druckfarben.
Once the transaction is finalized, Moritz Hartmann will take over as sole managing director and will manage the company with the current leadership team.
Hartmann has been a member of the RUCO Druckfarben management team since 2015.
The company itself was founded in 1857 and today employs approximately 150 people, with representatives in more than 70 countries.