Sun Chemical Corporation, Parsippany, New Jersey, and its parent company, DIC Corporation, have entered into a definitive agreement to acquire 100% of the shares and certain other assets related to the production of inks of Sensient Imaging Technologies, Milwaukee, Wisconsin.
Sun Chemical is a producer of printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds and application materials. Sensient Imaging Technologies is a manufacturer and marketer of colors, flavors and other specialty ingredients. 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 will demonstrate Sun Chemical and DIC’s commitment in the digital segment.
Sun Chemical is dedicated to reinforcing Sensient’s reputation within the digital space and is committed to a customer-focused transition.
For more information, visit www.sunchemical.com.