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CVC Capital Partners Closes on BASF, ANI Acquisition

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The acquisition of BASF Printing Systems by funds of the European private equity firm CVC Capital Partners (CVC) was closed Nov. 30. The sale covers all facilities and activities of the business, including the production of alkali blue at BASF Corporation’s plant in Huntington, WV. Closing for CVC’s acquisition of the pigment production of BASF Colorants & Chemicals Co. Ltd. in Shanghai, China is expected in 2005. CVC’s acquisition of the Swedish printing inks manufacturer ANI Printing In...

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