David Savastano, Editor12.15.16
There has been much discussion on the recent increase in merger and acquisition activity within the ink industry. Some of these moves have been driven by consolidation within the printing ranks.
Up until the past year or so, the publication printing market has been a major focus of consolidation efforts, with R.R. Donnelley and Quad/Graphics purchasing competitors. There was no such movement this year, as the focus was primarily on packaging.
The largest acquisition of the year was the completion of Ball Corporation’s takeover of Rexam PLC, forming the largest global beverage can manufacturer. After the acquisition, Ball has 75 metal beverage manufacturing facilities and JVs, and net 2015 sales of approximately $11 billion.
The other sizable move came in the RFID space, as CCL Industries acquired Checkpoint Systems. Checkpoint Systems had sales of $820 million in 2015. This will allow CCL to add RFID to its label portfolio.
“We have admire
Continue reading this story and get 24/7 access to Covering the Printing Inks, Coatings and Allied Industries - Ink World for FREE
Ink World magazine has tracked the growth of the ink industry and its allied industries through years of changes, technology, evolution, consolidation and market development. No other magazine has been around for as long or covered as much of the global printing ink business. This website is dedicated to providing in-depth industry coverage and late-breaking news.
FREE SUBSCRIPTION
