hubergroup has acquired substantially all of the assets of Alden & Ott Printing Inks Company for an undisclosed price. Hubergroup expects to retain virtually all employees and management team of Alden & Ott in order to continue operations in the Midwest and Northeast United States without interruption.
hubergroup is one of the world’s largest manufacturers of printing inks, coatings and pressroom auxiliaries, currently comprising 40 companies and 130 sites. The family-owned company, with more than 250 years of experience in the printing inks industry, manufactures products for the packaging, commercial printing and newsprint markets. In 2016, the Group with its global workforce exceeding 3500, generated sales of approximately $885 million.
“As a key raw material supplier, we already had a great relationship with the talented Alden & Ott team… our combined capabilities in conventional, water-based, low-migration and energy-cured inks will create an enviable offering to the growing packaging market,” said Derek McFarland, President of hubergroup,USA.
Alden & Ott Printing Inks Company was founded by Joe Alden and Henry Ott in 1957. The company expanded its products from heat-set to sheetfed, UV inks, and flexo inks. Today, Alden & Ott develops custom solutions for both the offset and flexo printing markets in the Midwest and Northeast United States.
“The cultural alignment of the family-owned businesses was a key factor and we are happy that the combined team will continue to serve and grow our existing business,” said Tom Alden, President of Alden & Ott.
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