David Savastano, Editor07.28.17
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For the ink industry, the past year was relatively calm after an active period culminating in drupa 2016. Mergers and acquisitions slowed, as companies integrated recent purchases and formed new divisions. However, there are changes ahead as the supply chain upstream and downstream undergoes more mergers.
The biggest M&A news was Sun Chemical’s acquisition of Flint Group’s European publication gravure ink business. The sale, which was announced in August 2016 and completed in October, is the only deal in recent memory between the two largest international ink companies.
For Sun Chemical, the move allows the company to add customers and augment its product portfolio. For Flint Group, selling the publication gravure business in Europe allows it to increase focus on its core web offset markets. It also shows the changing nature of the publication gravure ink market in Europe, as Sun Chemical and Siegwerk now dominate the segment.
For the ink industry, the past year was relatively calm after an active period culminating in drupa 2016. Mergers and acquisitions slowed, as companies integrated recent purchases and formed new divisions. However, there are changes ahead as the supply chain upstream and downstream undergoes more mergers.
The biggest M&A news was Sun Chemical’s acquisition of Flint Group’s European publication gravure ink business. The sale, which was announced in August 2016 and completed in October, is the only deal in recent memory between the two largest international ink companies.
For Sun Chemical, the move allows the company to add customers and augment its product portfolio. For Flint Group, selling the publication gravure business in Europe allows it to increase focus on its core web offset markets. It also shows the changing nature of the publication gravure ink market in Europe, as Sun Chemical and Siegwerk now dominate the segment.
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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.
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