Sun Chemical has entered into a definitive agreement to acquire certain assets and liabilities of Colmar Inks Corporation based in Ontario, Canada. Colmar’s customer lists, contracts, and finished inventory will be included in the acquisition. The transaction is expected to close during the 1Q 2016, as the company says in the press release received by Lesprom Network.
The acquisition will allow Sun Chemical to expand its liquid ink customer base in Canada and further strengthen its market position as the leading supplier of lithographic, flexographic and gravure inks and coatings in the region.
“Our customer relationships are our most treasured asset and we are excited about the opportunity to serve these new customers with the expanded capabilities of Sun Chemical’s global technology base,” said Charles Murray, President, North American Inks, Sun Chemical. “We will work closely with Colmar and visit each customer to ensure a smooth transition through reliable, on-time delivery and consistent product quality.”
Colmar is a manufacturer of liquid inks and coatings for the corrugated and paper packaging market as well as specialty inks for the rod coatings market.