Sensient acquires UK-based specialty inks manufacturer Xennia

Sensient acquires UK-based specialty inks manufacturer Xennia

7:09 AM, 9th May 2015
Sensient acquires UK-based specialty inks manufacturer Xennia

MILWAUKEE, US: Maker of colours, flavours and fragrances Sensient Technologies Corp said it will acquire assets of UK-based specialty inks manufacturer (used in digital printing), Xennia Technology Ltd. The business is currently owned by The Netherlands-headquartered Royal Ten Cate NV, a multi-national producer of functional materials. The transaction is expected to close in the third quarter of 2015, the company said.

Xennia’s product lines consist of reactive, acid and sublimation inks for printing on a range of textiles and other substrates. Xennia reported revenue of approximately $11 million in 2014, it 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,” said Paul Manning, president and CEO, Sensient.

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