Industry News

Huber Group Acquires Majority Stake in Micro Inks Ltd.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Huber Group has agreed to form an alliance with Micro Inks Ltd. The transaction is expected to be completed by early 2006. Once this transaction is completed, the Huber Group will have consolidated annual sales of $900 million. The Huber Group has acquired a majority stake between 50.5% and up to 59.06% in Micro Inks. The Bilakhia Group will continue to hold a minority interest in Micro Inks. The Huber Group will also launch the obligatory tender offer to acquire up to 20% of the shares o...

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