Industry News

Fujifilm Buys Avecia’s Inkjet Business

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Fuji Photo Film Co., Ltd. announced Dec. 26 that it has acquired the Avecia Group’s Inkjet business, headquartered in Manchester, England, a leading global player in production and sales of dyes and inks for inkjet printers. The purchase price is 150 million pounds sterling ($258.5 million), and the transaction is expected to complete in February 2006. Avecia’s inkjet business had nearly $121.5 million in sales in 2005, and employs approximately 340 people. It has manufacturing pl...

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