Sun Chemical and DIC Acquire Gwent Electronic Materials
November 6, 2016
Sun Chemical and its parent company, DIC, have acquired Gwent Electronic Materials Ltd. The acquisition of the UK-based company is intended to expand Sun Chemical’s position in the printed electronics global marketplace, the company stated. According to Sun Chemical, Gwent’s European-based production sites will also enhance the company’s global conductive ink, paste, and powder manufacturing capabilities while allowing further penetration into developing markets.
“The addition of Gwent’s diverse advanced electronic materials and tailor-made technologies will further expand Sun Chemical and DIC’s solutions portfolio for printed electronics globally,” said Mehran Yazdani, president of Sun Chemical Advanced Materials. “Sun Chemical has experienced tremendous growth in the global printed electronics market and this acquisition will help us expand into this strategic market and enable us to better serve our customers.”