WESEL, Germany & ADLISWIL, Switzerland—The specialty chemicals group ALTANA is taking over the Swiss overprint varnish specialist Schmid Rhyner AG, thereby expanding its ACTEGA division. “In acquiring Schmid Rhyner, we are continuing to systematically pursue the ALTANA strategy of generating value-creating growth through targeted acquisitions,” said Martin Babilas, CEO of ALTANA AG. Schmid Rhyner specializes … Continued
ANN ARBOR, MI and CAMBRIDGE, UK—Xitron, a leading independent developer of Harlequin RIP and workflow products for commercial, flexo, digital and high-speed inkjet printing, has been acquired by Harlequin RIP manufacturer Global Graphics PLC from Vanguard Graphics International (VGI). A nearly 30-year Harlequin OEM, Xitron is one of Global Graphics’ longest standing partners. “Xitron is … Continued
BUFFALO GROVE, IL—PPC Flexible Packaging LLC, a leading provider of custom flexible packaging, announced the acquisition of McKinney, TX-based Popular Ink LLC. Popular Ink is the fifth acquisition of specialty and differentiated flexible packaging firms by PPC. Previous acquisitions include Fisher Container and Packaging Products Corp in 2017, Temkin International in 2018 and HFM Packaging … Continued
LUCCA, Italy—Paper Converting Machine Co (PCMC), part of the Barry-Wehmiller Converting Solutions platform, acquired STAX Technologies, headquartered in Čačak, Serbia. The acquisition adds reciprocating flow technology to PCMC’s tissue packaging product line offering. STAX is a market leader in the tissue packaging equipment industry, whose core product offerings include wrappers, bundlers, case packers and palletizers. … Continued
PARSIPPANY, NJ—DIC Corp has entered into a definitive agreement to acquire BASF’s global pigments business, known as BASF Colors & Effects (BCE). The acquisition will broaden DIC’s portfolio as a global manufacturer of pigments, including those for electronic displays, cosmetics, coatings, plastics, inks and specialty applications, by creating a world-class pigments supplier that offers customers … Continued
GREEN BAY, WI—Paper Converting Machine Co (PCMC), part of the Barry-Wehmiller converting solutions platform, is joining with RDP Marathon Inc and IPT Digital, and expanding its offerings for customers to include digital printing technology. RDP Marathon has delivered engineered machine solutions for a variety of printing and packaging markets for 30 years. Through a partnership … Continued
MINNEAPOLIS, MN—Eaglewood Technologies has completed the purchase of Mid States Flexo Cleaning, a decades-long anilox cleaning service provider. Mid States Flexo has focused on cleaning anilox rolls in corrugated and packaging facilities since 1999, using sustainable technology created by Eaglewood Technologies. The purchase of Mid States Flexo will complement the growing cleaning service portion of … Continued
FREMONT, CA—Electronics For Imaging Inc (EFI) announced the completion of its previously announced acquisition by an affiliate of Siris Capital Group LLC for approximately $1.7 billion. In connection with the closing of the transaction, the company, which will continue to operate as Electronics For Imaging (EFI), will be wholly owned by an affiliate of Siris, … Continued
CINCINNATI, OH—Multi-Color Corp announced that the anticipated acquisition of the company by an affiliate of Platinum Equity, a leading private equity firm, is now complete. At closing, Multi-Color Corp merged with a subsidiary of WS Packaging, another label solutions leader within Platinum Equity’s portfolio of companies. The combined company, which will be known as Multi-Color … Continued
FREMONT, CA—Electronics For Imaging Inc, a world leader in customer-focused digital printing innovation, has entered into a definitive agreement to be acquired by an affiliate of Siris Capital Group LLC in an all-cash transaction valued at approximately $1.7 billion. Siris is a leading private equity firm focused on investing and driving value creation in technology … Continued