Sun Chemical and DIC Corporation Acquire Luminescence Holdings Ltd.

Sun Chemical and its parent company, DIC Corporation, have acquired Luminescence Holdings Ltd., a manufacturer of currency, tax stamp, passports, ID cards, secure documents and brand protection inks for the security market.

With the acquisition of the United Kingdom-based company, Sun Chemical will increase its market share in the securities market. By combining Luminescence’s portfolio of products with Sun Chemical’s global reach, customers will benefit from a new truly global player. The acquisition creates an enormous growth platform for Sun Chemical in the $2.7 billion security ink market.

“Luminescence has a fantastic reputation in the security market for technology and service,” said Felipe Mellado, Chief Marketing Officer and Board Member. “Sun Chemical has the world’s largest research and development capabilities in the ink marketplace. What these two companies bring together is a truly exciting global supplier that will further strengthen our service to customers.”
http://www.sunchemical.com/sun-chemical-dic-corporation-acquire-luminescence-holdings-ltd/

Related Posts

Strong Gasoline Demand Lifts Oil, but High OPEC Supplies Temper Gains

Oil rose on Wednesday, supported by strong demand for gasoline, but rising output from OPEC producers revived concerns about a persistent overhang of excess crude. Brent crude futures LCOc1 were up 21 cents at $49.05 a barrel by 1204 GMT, while U.S. West Texas Intermediate crude futures CLc1 were up 14 cents at $46.50 a barrel. While U.S. crude stocks rose by 1.6 million barrels to 497.2 million barrels in the week to July 14, gasoline stocks fell by a whopping 5.4 million barrels, the American Petroleum Institute said on Tuesday.

Iran nuclear worries pushes crude oil to 4-year high

Brent crude on Monday touched its highest level since 2014 as oil prices increased on rising tension between the US and Iran. The international oil price, which has benefited from a lift in US demand and Opec supply constraints this year, rose nearly 1 per cent to $75.53 in European trading after earlier hitting a session peak of $75.89, its highest level since November 2014. Click Read More below for additional information.
Back To Top
×Close search
Search