Siegwerk Druckfarben AG & Co. KGaA, a supplier of printing inks for packaging applications and labels, has signed a contract to purchase the Italian ink manufacturer La Sorgente Spa. Terms of the deal were not disclosed.
Located in Poppi (Arezzo), Italy, the family-owned La Sorgente Spa manufactures water-based flexographic inks for paper and board applications as well as solvent-based inks for flexible packaging. Founded in 1929, La Sorgente Spa is an established ink supplier for flexographic printing in Italy. According to Siegwerk, the purchase will enable Siegwerk to significantly expand its presence while building up its infrastructure and workforce to further grow in Italy.
With this acquisition, Siegwerk says it grows its product portfolio for packaging. “La Sorgente Spa is a well-established ink expert for paper and board as well as flexible packaging applications with a strong reputation in Italy,” says Dirk Weißenfeldt, vice president, Flexible Packaging EMEA, at Siegwerk. “Its ink solutions fit perfectly into our product portfolio.”
The deal includes the transfer of all technical expertise, product portfolio and manufacturing equipment belonging to La Sorgente Spa. Siegwerk will continue to produce and serve customers from the production site in Poppi. As member of the Siegwerk family, La Sorgente Spa will remain a separate entity maintaining its own brand and product names.