International. Sun Chemical announced that it has signed a definitive agreement to acquire certain assets and liabilities of Colmar Tintas Corp., a company based in Ontario, Canada. Customer lists, contracts and final inventory will be included in the acquisition. The transaction is expected to close in the first quarter of 2016.
The acquisition will allow Sun Chemical to expand its liquid ink customer base in Canada and further strengthen its position in the region's lithographic, flexographic and engraved ink market.
"Our customer relationships are our most precious asset, and we are excited about the opportunity to serve these new customers with Sun Chemical's expanded global technology-based capabilities," said Charles Murray, President of North American Inks at Sun Chemical. "We will work closely with Colmar and visit each customer to ensure a smooth transition through reliable on-time delivery and consistent product quality."
Colmar is a manufacturer of liquid inks and coatings for the corrugated cardboard and paper packaging market, as well as special inks for the gravure market.
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