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Sun Chemical and its parent company, DIC Corporation, have entered into a definitive agreement to acquire 100 percent of the shares of Sensient Imaging Technologies and certain other assets related to the production of inks. The transaction is expected to be finalized in the second quarter of 2020.
The strategic investment in Sensient
Imaging Technologies, a supplier of digital inks, will allow Sun Chemical and
DIC to expand its inkjet ink capabilities and expertise using complementary
technologies that will further strengthen the highest standards of services and
solutions to its customers and distributor partners. Inkjet is a strategic
segment for Sun Chemical and DIC, and the investment in Sensient Imaging
Technologies will demonstrate Sun Chemical and DIC’s commitment in the digital
segment.
“We’re excited for the opportunities
this acquisition presents not only for Sun Chemical but the future of digital
inks,” said Mehran Yazdani, President of Sun Chemical Advanced Materials.
“Sensient Imaging Technologies’ portfolio and expertise in the industry,
combined with our extensive background in industrial inkjet ink solutions, will
enhance our combined customer support. Our customers rely on digital print’s
agile supply chain and production flexibility, so they will value this
acquisition because it will drive future innovation and expansion.”
Sun Chemical is dedicated to
reinforcing Sensient Imaging Technologies’ reputation within the digital space
and is committed to a customer-focused transition.
About Sensient Technologies
Sensient Technologies Corporation is
a leading global manufacturer and marketer of colors, flavors, and other
specialty ingredients. Sensient uses advanced technologies and robust global
supply chain capabilities to develop specialized solutions for food and
beverages, as well as products that serve the pharmaceutical, nutraceutical,
cosmetic and personal care industries. The company’s customers range in size
from small entrepreneurial enterprises to major international manufacturers
representing some of the world’s best-known brands. Sensient is headquartered
in Milwaukee, Wisconsin.
About Sun Chemical
Sun Chemical, a member of the DIC group, is a
leading producer of printing inks, coatings and supplies, pigments, polymers,
liquid compounds, solid compounds, and application materials. Together with
DIC, Sun Chemical has annual sales of more than $7.5 billion and over 20,000
employees supporting customers around the world.
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
We’ve invested every aspect of how we serve our users over the past Pellentesque rutrum ante in nulla suscipit, vel posuere leo tristique.
We’ve invested every aspect of how we serve our users over the past Pellentesque rutrum ante in nulla suscipit, vel posuere leo tristique.
We’ve invested every aspect of how we serve our users over the past Pellentesque rutrum ante in nulla suscipit, vel posuere leo tristique.
We’ve invested every aspect of how we serve our users over the past Pellentesque rutrum ante in nulla suscipit, vel posuere leo tristique.
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March 26, 2020
March 26, 2020
March 26, 2020
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