Sector News

Sensient Technologies Corporation Acquires Xennia

May 8, 2015
Chemical Value Chain
(BUSINESS WIRE) – Sensient Technologies Corporation today announced that it has reached an agreement to acquire the assets of Xennia Technology Ltd., a UK manufacturer of specialty inks used in digital printing. Xennia’s product lines consist of reactive, acid and sublimation inks for printing on a range of textiles and other substrates. The business is currently owned by Royal Ten Cate NV, a multi-national producer of functional materials headquartered in the Netherlands. Xennia reported revenue of approximately $11.0 million in 2014. The transaction is expected to close in the third quarter of 2015.
 
Paul Manning, President and CEO of Sensient, said, “We are very excited about the expertise and opportunities that Xennia will provide. Xennia’s strong technical capabilities will broaden our product offering and accelerate our access to important customers and markets for our inks business.”
 
Source: Sensient Technologies

comments closed

Related News

October 23, 2021

INEOS to take leading role in the hydrogen revolution with launch of hydrogen campaign

Chemical Value Chain

INEOS, Europe’s biggest operator of electrolysis needed to produce clean, low carbon hydrogen, has doubled down on its €2 billion investment in green hydrogen with the launch of a hydrogen advocacy campaign. The campaign kicked off with the publication of a powerful editorial in the Sunday Telegraph on the hydrogen economy written by Sir Jim Ratcliffe, INEOS’s founder and chairman.

October 23, 2021

Vertellus completes acquisition of IM Chemicals

Chemical Value Chain

Vertellus, a manufacturer of specialty products for consumer goods, food & agriculture, healthcare, and industrial markets, today announced the completion of its acquisition of IM Chemicals. With the addition of IM Chemicals, Vertellus expands its specialty ingredients portfolio into new markets and bolsters its manufacturing capabilities in Europe.

October 23, 2021

Johnson Matthey announces research project aimed at catalytic reduction if dairy methane emissions

Chemical Value Chain

A new collaboration between scientists, engineers, industry and farming experts hopes to demonstrate how clever technology can reduce the powerful greenhouse gases released by livestock to help agriculture reach carbon emissions targets.

Send this to a friend