Schaumburg, Illinois-based ink manufacturer INX International announces plans to acquire Eppstein, Germany-based industrial ink manufacturer RUCO Druckfarben. The transaction is expected to be completed this summer.
“RUCO is an established and recognized ink supplier with considerable market experience and technical knowledge,” says Peter Lockley, president of INX Europe. “Together with our global reach, product development and raw material sourcing capabilities, the new company will work to strengthen INX’s presence in Europe.
“Our integration will focus on combining the technologies of the two companies for the benefit of customers. With this investment, we plan to advance their portfolio and expand RUCO’s lead position as a supplier to the toy, pharmaceutical and packaging industries. Customers will have greater access to the world-class technologies and best practices leveraged from the larger global presence of our parent company, Sakata INX.”
Once the transaction is finalized, Moritz Hartmann will take over as sole managing director, leading the company’s current leadership team. Hartmann has been a member of RUCO Druckfarben’s management team since 2015. The company itself was founded in 1857 and today employs approximately 150 people with representatives in more than 70 countries.