Flint Group is to sell its European publication gravure ink business to Sun Chemical.
All products relating to the business are to be transferred in a move board member and chief marketing officer Felipe Mellado says reflects Sun's continued dedication to supporting this sector: "Sun Chemical remains committed to all its publication businesses.
"The acquisition... reaffirms our commitment to this sector and will enable us to further strengthen and enhance the performance of our own publication gravure plants. We pride ourselves on our high level of quality and customer service and, after completion of the transaction, will work alongside Flint Group to ensure a smooth and seamless transition of operations, ensuring customers are fully supported."
Completion of the sale is still subject to customary closing conditions, including the approval of the competition authorities. Until then, the two will continue to manage their European publication gravure businesses independently.