Industry News, Mergers and Acquisitions, Printers News

XSYS Acquires MacDermid Business for $325 Million

The $325 million transaction has been approved by the board of directors of both companies; Alexander Unterschütz replaces Oliver Dohn as CEO.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

XSYS has announced that it has entered into a definitive agreement with Element Solutions Inc. under which XSYS will acquire certain shares and assets held by subsidiaries of Element Solutions Inc. comprising the MacDermid Graphics Solutions business for an enterprise value of approximately $325 million. The transaction has been approved by the Board of Directors of both companies and is subject to regulatory approvals and customary closing conditions. XSYS has also announced a change in l...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters