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Sensient Acquires Xennia, a Manufacturer of Specialty Inks

Published on 2015-05-27. Author : SpecialChem

MILWAUKEE -- Sensient Technologies Corporation 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.”

About Xennia

Xennia has a portfolio of high quality inkjet inks covering a range of industrial applications. Xennia’s digital printing software and hardware can also be used as part of a complete digital solution. Depending on specific needs, its products can be tailored to ensure that business reaps the maximum benefit. Its commitment to constant improvement means it strive to stay ahead of market expectations in performance and quality.

About Sensient Technologies

Sensient Technologies Corporation is one of the leading global manufacturers and marketer of colors, flavors and fragrances. Sensient employs advanced technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, inkjet and specialty inks and colors, and other specialty and fine chemicals. The Company’s customers include major international manufacturers representing most of the world’s best-known brands. Sensient is headquartered in Milwaukee, Wisconsin.

Source: Sensient Technologies
 


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