Sun Chemicals & DIC acquire digital inks business of Sensient Technologies

Transaction expected to finalize in Q2 2020

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Sun Chemicals
Sun Chemical and DIC Corporation Acquire Digital Inks Business from Sensient Technologies Corporation

Sun Chemical and its parent company, DIC Corporation, have entered into a definitive agreement to acquire 100 percent of the shares of Sensient Imaging Technologies and certain other assets related to the production of inks. 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 Chemicals 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 Imaging Technologies will demonstrate Sun Chemical and DIC’s commitment to the digital segment.

We’re excited for the opportunities this acquisition presents not only for Sun Chemical but the future of digital inks,” said Mehran Yazdani, president of Sun Chemical Advanced Materials. “Sensient Imaging Technologies’ portfolio and expertise in the industry, combined with our extensive background in industrial inkjet ink solutions, will enhance our combined customer support. Our customers rely on digital print’s agile supply chain and production flexibility, so they will value this acquisition because it will drive future innovation and expansion.”

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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