American ink manufacturer INX International is set to acquire the German ink manufacturer Ruco Druckfarben in a deal that is expected to complete by the end of the first half of 2020.
Ruco Druckfarben, which is based in Eppstein in Germany, was founded in 1857. Today employs some 150 people, with representatives in more than 70 countries. It produces a wide range of inks, including gravure, flexo and offset as well as screen printing.
Peter Lockley, President of INX Europe, explained: “Ruco is an established and recognized 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.”
INX, which is the third largest producer of inks in North America, was formed out of the merger of Midland Color and Acme in 1992. It’s part of Sakata INX which was itself founded in 1896 in Osaka.
Lockley says that INX will focus on combining the technologies of the two companies together, adding: “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.”
Moritz Hartmann, who has been part of Ruco Druckfarben’s management team since 2015, will take over as managing director once the deal is complete.