Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Langley to acquire DruckChemie - Ink World Magazine
Industry News, Mergers and Acquisitions

Langley to acquire DruckChemie

Contracts were signed November 7

DruckChemie, the German print chemicals group that went into administration in September is to be acquired by Langley Holdings plc, the UK industrial group.

Contracts were signed on November 7 and the deal is awaiting cartel clearance, which is expected imminently.

DruckChemie has annual revenues of approximately €75 million and around 300 employees and is Europe’s leading print chemicals producer, with locations throughout Europe. The company also has operations in Brazil. Langley has made numerous acquisitions of under-performing businesses over the last two decades, evolving into a near billion Euros revenue group employing over 4000 people in over 70 countries.

The group is entirely debt free and says it prides itself on having never sold any company it has acquired. Langley entered the print sector in January 2012 with the acquisition of Manroland Sheetfed, the German press builder.

A spokesman for Langley said: “We are delighted to have reached agreement to acquire DruckChemie, the company compliments our Manroland press business and further demonstrates our commitment to the sector.”

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