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Once approved, Siegwerk will be the fifth-largest international ink manufacturer, with more than $940 million in annual sales.
October 25, 2005
By: DAVID SAVASTANO
The Siegwerk Group, Siegburg, Germany, has announced plans to acquire the packaging ink division of SICPA Holding SA. A corresponding purchase agreement was signed in London on June 16, 2005. With consolidated total net sales of €613 million ($740 million) in the packaging ink segment, the Siegwerk Group would emerge as the world’s second-largest manufacturer of packaging ink. The Siegwerk Group would move up to become one of the world’s top five ink manufacturers with consolidated total net...
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