Germany's Siegwerk, a major supplier of printing inks for packaging and product labels, has signed a contract to purchase the Italian ink manufacturer La Sorgente.
Credit: Siedwerk
Signing in Milan. (From left to right): Christopher van Laack, Siegwerk; Mario Magni, La Sorgente Spa; Carla Magni, La Sorgente Spa; Francesco Magni, La Sorgente Spa; Federica Magni, La Sorgente Spa; David Charquet, Siegwerk. Credit: Siedwerk.
With the acquisition, the German group is further expanding its business in Italy while strengthening its local coverage, infrastructure and service for packaging printers.
The family-owned company is located in Poppi, Arezzo, Italy, and manufactures high-quality water-based flexographic inks for paper & board applications as well as solvent-based inks for flexible packaging. Founded in 1929, La Sorgente Spa is one of the most important ink suppliers for flexographic printing in Italy today.
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“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. Its ink solutions fit perfectly into our product portfolio,” said Dirk Weißenfeldt, Vice President of Flexible Packaging EMEA at Siegwerk.
Siegwerk will continue to produce and serve customers from the production site in Poppi. As a member of the Siegwerk family, La Sorgente will remain a separate entity maintaining its own brand and product names.
“The integration of the acquired products into Siegwerk’s ink offering will enable customers to benefit from a more comprehensive product portfolio and a wider technological expertise,” said Christopher van Laack, Vice President Paper & Board EMEA and Liquid Food Packaging at Siegwerk.
Both companies will work closely together to ensure a smooth integration of business without any interference for current customers of both companies.
The acquisition of La Sorgente follows other strategic investments that Siegwerk has already completed in recent years to enhance its position as a full-range provider of inks for the packaging market.
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