Siegwerk acquires La Sorgente Spa
Siegwerk Druckfarben AG & Co. KGaA has signed a contract to purchase the Italian ink manufacturer La Sorgente Spa. The family-owned company is located in Poppi (Arezzo), Italy, and manufactures high-quality water-based flexographic inks for paper & board applications as well as solvent-based inks for flexible packaging. Founded in 1929, the company is one of the most important ink suppliers for flexographic printing in Italy today.
With this acquisition, Siegwerk intends to further expand its product portfolio for packaging printers while concretely strengthening its local footprint in the Italian market. “La Sorgente Spa is a well-established ink expert for paper & board as well as flexible packaging applications with a strong reputation in Italy. Its ink solutions fit perfectly into our product portfolio,” says Dirk Weißenfeldt, Vice President Flexible Packaging EMEA at Siegwerk.
La Sorgente Spa will remain a separate entity
The deal includes the transfer of all technical expertise, product portfolio and manufacturing equipment belonging to La Sorgente Spa. Siegwerk will continue to produce and serve customers from the production site in Poppi. As member of the Siegwerk family, La Sorgente Spa will remain a separate entity maintaining its own brand and product names. “The integration of the acquired products into Siegwerk’s ink offering will enable customers to benefit from a more comprehensive product portfolio and a wider technological expertise”, concludes Christopher van Laack, Vice President Paper & Board EMEA and Liquid Food Packaging at Siegwerk.
Both parties have agreed not to disclose any financial details.