Industry News, Ink Manufacturers News, Mergers and Acquisitions

DIC Signs Letter of Intent to Take Over All Businesses of Pacific Inks in New Zealand

Product lineup is centered on packaging inks for cardboard, environmentally friendly water-based flexo inks

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By: DAVID SAVASTANO

Editor, Ink World Magazine

DIC Corporation announced that on Dec. 1, 2011, wholly owned Singapore-based subsidiary DIC Asia Pacific Pte Ltd reached an agreement with Pacific Inks Limited of New Zealand for the DIC Group to take over all of Pacific Inks businesses. In addition to its mother plant in Auckland, New Zealand, Pacific Inks has plants in Oceania (Sydney, Melbourne and Adelaide, Australia), Asia (Singapore, Malaysia and the People’s Republic of China) and the United Kingdom. The division of operations between ...

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