Here comes the Sun
By Canadian Packaging staffGeneral Coding & Labeling acquisition of ink company Colmar Inks Corporation DIC Group Sun Chemical Sun Chemical Group Coöperatief U.A.
Sun Chemical acquires Colmar Inks.
PARSIPPANY, NJ—Sun Chemical has entered into a definitive agreement to acquire certain assets and liabilities of the Toronto-based Colmar Inks Corporation, including its customer lists, contracts, and finished inventory. The transaction is expected to close during the first quarter in 2016.
The acquisition will allow Sun Chemical to expand its liquid ink customer base in Canada and further strengthen its market position as the leading supplier of lithographic, flexographic and gravure inks and coatings in the region.
“Our customer relationships are our most treasured asset and we are excited about the opportunity to serve these new customers with the expanded capabilities of Sun Chemical’s global technology base,” says Sun Chemical president of North American ins Charles Murray. “We will work closely with Colmar and visit each customer to ensure a smooth transition through reliable, on-time delivery and consistent product quality.”
Colmar is a medium-sized manufacturer of liquid inks and coatings for the corrugated and paper packaging market as well as specialty inks for the rod coatings market.
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 US$7.5-billion and over 20,000 employees supporting customers around the world.
Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands, and is headquartered in Parsippany, New Jersey, U.S.A. For more information, visit www.sunchemical.com.