INX International Ink has entered into an agreement to acquire Ruco Druckfarben, a Germany-based printing ink manufacturer.
The deal will allow INX to strengthen its position in Europe.
INX Europe president Peter Lockley said, ‘Ruco is an established and recognised ink supplier with considerable market experience and technical knowledge. Together with our global reach, product development and raw material sourcing capabilities, the new company will work to strengthen INX’s presence in Europe.’
He continued, ‘Our integration will focus on combining the technologies of the two companies for the benefit of customers. With this investment, we plan to advance their portfolio and expand Ruco’s lead position as a supplier to the toy, pharmaceutical and packaging industries. Customers will have greater access to the world-class technologies and best practices leveraged from the larger global presence of our parent company, Sakata INX.’
Ruco owner and managing director Heinz Walter Menke said, ‘We are very pleased that we have found a partner with INX who shares our values and wants to lead the Ruco Druckfarben brand into the future. The know-how of our employees in screen and pad printing optimally complements the portfolio of INX. Our customers can continue to rely on our commitment to combine best quality with excellent service.’
Once the transaction is finalised, Moritz Hartmann will take over as sole managing director.
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