Siegwerk – Acquisition of Van Son Liquids to strengthen water-based ink business
GERMANY • The supplier of printing inks for packaging applications and labels, has signed a contract to purchase Van Son Liquids located in Hilversum, Netherlands. The family-owned company manufactures water-based flexo and gravure printing inks for more than 25 years.
With this additional purchase in the water-based ink segment, Siegwerk is further expanding its product portfolio for paper & board applications and strengthens its local footprint in the Benelux region. The deal includes the transfer of all technical expertise, product portfolio and manufacturing equipment related to Van Son Liquids headquarters in Hilversum. Siegwerk will continue to produce and serve customers from the production site in Hilversum. Van Son Liquids will be renamed into Siegwerk Hilversum going forward, whereas the product brand name AquaBase+ will be kept.
The integration of the acquired products into Siegwerk’s water-based ink offering will enable customers to benefit from a more comprehensive product portfolio and a wider technological expertise. Both companies will work closely together to ensure a smooth integration of business without any interference for current customers of both companies.
The acquisition follows other strategic investments and disinvestments that Siegwerk has completed. Just earlier this year, the company has acquired Hi-Tech Products, a specialist supplier of water-based inks and coatings located in the UK. Together with the 2016 purchase of Actega Colorchemie (today Siegwerk Buedingen) and the opening of a blending centre for the production of water-based inks at its technical centre in France, Siegwerk has made targeted investments over the last years that one by one.