Sun Chemical acquires Sensient Technologies

Sensient Technologies Corporation has entered into a definitive agreement to sell 100% of its shares and certain other assets related to the production of inks to Sun Chemical and its parent company, DIC Corporation.

As a supplier of digital inks, Sensient’s experience in water-based solutions has resulted in innovations for a number of industrial markets and the ability to align these developments with Sun will further strengthen this proposition. “As announced last year, the sale of the inkjet ink business will strengthen our focus on our core businesses,” said Paul Manning, Sensient’s chairman, president and CEO. “We are pleased that we can transition the business to a buyer that is committed to the industry, and we will work to ensure a seamless transition.” “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.”