David Savastano, Editor11.21.16
In recent years, consolidation has reshaped the printing industry, with billion-dollar printers such as Quebecor World (acquired by Quad/Graphics) and Consolidated Graphics (RR Donnelley) leaving the field on the publication side and Rexam (Ball Corporation) and RockTenn and Mead Westvaco (merged into WestRock) gone from the packaging field. The supply chain is getting shorter too, as Evonik is in the process of acquiring Air Products’ Performance Materials Division and DyStar purchased five of Emerald Performance Materials’ specialty chemical businesses.
Through it all, the ink industry remained relatively silent up until a year ago. The past 12 months have been completely different, though, as ink manufacturers started to shore up their core markets and move out of smaller segments. After years of quiet, there have been 16 mergers and acquisitions in the ink industry since late 2015. Consider these moves by four of the five billion-dollar ink companies:
• Sun C
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