DIC Corporation and Sun Chemical acquire digital ink business
Sensient Technologies Corporation announced today that it has entered into a definitive agreement to sell 100% of its shares of Sensient Imaging Technologies and certain other assets related to the production of inks to Sun Chemical and its parent company, DIC Corporation.
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 Imaging Technologies will demonstrate Sun Chemical and DIC’s commitment in the digital segment.