July 8, 2020 By PrintAction Staff
Sun Chemical and its parent company, DIC Corporation, have completed the purchase of 100 per cent of the shares of Sensient Imaging Technologies and certain other assets related to the production of inks.
The strategic investment in digital ink supplier Sensient Imaging Technologies will allow Sun Chemical and DIC to expand its inkjet ink capabilities and expertise using complementary technologies that further strengthen the highest standards of services and solutions to its customers and distributor partners.
The acquisition also supports Sun Chemical’s ongoing commitment to sustainability by expanding its offering of inkjet inks for textile and dye sublimation printing – known for their improved sustainability profile. Inkjetis a strategic segment for Sun Chemical and DIC, and this new investment demonstrates their commitment to the digitial segment.
“We are delighted to welcome the employees of Sensient Imaging Technologies to the Sun Chemical family and we are excited about the prospects of combining our offerings in digital technology, capability, products and services to the valued customers and distribution and technology partners of the Sensient inks business and Sun Chemical,” said Peter Saunders, global director of digital business at Sun Chemical.
Through this acquisition, Sun Chemical hopes to capitalize on the opportunities digital print has to offer for growth and expansion.
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