Log In | Become a Member | Contact Us


Leading printing executives into the future

Connect on Twitter | Facebook | LinkedIn

Featured:     European Coverage     Production Inkjet Analysis

Sensient Technologies Acquires Kimberly-Clark Printing Technology

Tuesday, November 20, 2001

Press release from the issuing company

MILWAUKEE--Nov. 19, 2001--Sensient Technologies, Inc. today announced that it has acquired Kimberly-Clark Printing Technology, Inc., an Escondido, Calif.-based manufacturer of specialty inks for ink-jet and industrial applications. The company, a wholly owned Kimberly-Clark subsidiary with revenues of approximately $20 million last year, markets products under the Formulabs brand. "This acquisition adds new products and markets for our fast-growing line of technical colors,'' said Kenneth P. Manning, Chairman, President and CEO of Sensient Technologies. "The transaction fits our strategy to accelerate our expansion into non-food categories with advanced technologies and higher margins.'' Kimberly-Clark Printing Technology, Inc., is a leading supplier of inks for ink-jet and industrial applications. The company's product lines open several new markets for Sensient Technologies, including wide-format graphic inks, textile inks, and other industrial inks. The transaction also enhances Sensient's ink formulation and technical dye capabilities, complementing the company's extensive ink-jet inks product line.

 

 

SHARE

Email Icon Email

Print Icon Print

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2016 WhatTheyThink. All Rights Reserved