Trade Resources Industry Views Siegwerk to Acquire Van Son Liquids to Boost Water-Based Ink Business

Siegwerk to Acquire Van Son Liquids to Boost Water-Based Ink Business

Siegwerk, a manufacturer of printing inks and solutions for packaging and labels, has agreed to acquire Netherland-based Van Son Liquids, a manufacturer of water-based flexo and gravure printing inks.

Under the terms of the deal, Van Son Liquids will transfer of all technical expertise, product portfolio and manufacturing equipment. Financial terms of the deal were undisclosed.

The acquisition is a part of the firm’s effort to expand its water-based ink business. It will also strengthen Siegwerk’s product and service portfolio for paper & board applications.

Siegwerk said it will continue operations at its production site in Hilversum.

Upon completion of the agreement, Van Son Liquids will be renamed into Siegwerk Hilversum while retaining the product brand name AquaBase+.

Siegwerk Central and North Europe paper and board regional sales director Piet Deceunynck said: “Van Son Liquids B.V. is one of the leading ink manufacturers in the Netherlands. The company is known for its high-quality inks with excellent consistency. Its ink and coating solutions perfectly fit into our water-based ink portfolio.

“The merger enables us to expand our local footprint in the Benelux region and therefore to continue raising our profile as a supplier of water-based printing inks in Europe.”

The Royal Dutch Ink Factories of Son will continue to manufacture and distribute offset inks under the brand name of Van Son.

Van Son Liquids departing managing director Wim van Mastrigt said: “We are delighted to have found in Siegwerk a great partner and new owner for our company that can integrate our quality inks into a significantly larger structure and thus advance it on the market.”

Source: http://packagingmaterials.packaging-business-review.com/news/siegwerk-to-acquire-van-son-liquids-to-boost-water-based-ink-business-171017-5950497
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