Siegwerk – Acquisition of printing ink supplier in Latin America
BRAZIL • The German supplier of printing inks for labels and packaging applications purchases Tupahue Tintas, a Brazilian manufacturer of flexo and gravure printing inks and varnishes. With this acquisition, Siegwerk expands its presence in the Latin American region and further strengthens its ability to better serve specific local market demands. Financial details related to the acquisition are disclosed.
The family-owned company is located in Diadema (São Paulo). Since its foundation in 1989, Tupahue Tintas offers ink solutions especially designed for serving the needs of label and packaging producer and converters in the local market. The portfolio covers flexo and gravure printing inks and varnishes suitable for substrates such as LDPE, HDPE, BOPP, PP, polyolefin, polyester, Aluminium, metallized films and more.
According to Siegwerk this purchase offer includes the transfer of technical expertise and product portfolio as well as the manufacturing equipment related to Tupahue’s headquarters in Diadema, Braszil. Both companies will work closely together in order to ensure a smooth integration of the business.