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Siegwerk Plans Acquisition of SICPA’s Packaging Ink Division

Once approved, Siegwerk will be the fifth-largest international ink manufacturer, with more than $940 million in annual sales.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

The Siegwerk Group, Siegburg, Germany, has announced plans to acquire the packaging ink division of SICPA Holding SA. A corresponding purchase agreement was signed in London on June 16, 2005.    With consolidated total net sales of €613 million ($740 million) in the packaging ink segment, the Siegwerk Group would emerge as the world’s second-largest manufacturer of packaging ink. The Siegwerk Group would move up to become one of the world’s top five ink manufacturers with consolidated total net...

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