GERMANY • Siegwerk Druckfarben AG & Co. KGaA, a supplier of printing inks for packaging applications, labels and catalogues, has signed a contract to purchase the printing ink manufacturer Actega Colorchemie GmbH and its subsidiaries. The transaction is subject to approval by the competition authorities. Until such approval is granted, the companies will remain and operate independently with no consequences for customers, employees and suppliers.
Actega Colorchemie, which belongs to Altana’s Actega Coatings & Sealants division, develops and manufactures water-based flexo printing inks, particularly for printing on corrugated board packaging. The company employs around 140 people at four sites in Germany, France, Austria and Poland. It is headquartered in Büdingen, Hesse. The parties have agreed not to disclose the purchase price.