David Savastano, Editor12.28.15
As the calendar turns to 2016, it is an ideal time to look back on the past 12 months. The printing ink industry has seen its share of changes during the past year. Mergers and acquisitions activity picked up in the last two months of 2015, and major corporations announced significant changes going forward. On the raw material front, the industry has seen further declines in oil prices were approximately $35 per barrel, and the euro is now valued at less than $1.10.
Mergers and Acquisitions
The ink industry had been relatively slow in terms of mergers and acquisitions, but that changed dramatically at the end of the year Flint Group acquired Xeikon, a leader in inkjet press technology, in November and creating Flint Group Digital Printing Solutions. Toyo Ink’s December acquisition of 75% of DYO Printing Inks, the largest Turkish ink manufacturer, is a significant move in the Middle East/North Africa (MENA) market.
Earlier in the year, Flint Group
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