Year-End Review ( Cont’d from Page 1)
Sun Chemical entered into a definitive agreement to acquire certain assets and liabilities of Colmar Inks Corporation based in Ontario, Canada. Colmar is a manufacturer of liquid inks and coatings for the cor- rugated and paper packaging market as well as spe- cialty inks for the rod coatings market. Amcor , Hawthorn, Victoria, Australia, acquired Deluxe Packages, Yuba City, California, a privately owned flexible packaging business, which was to form part of the company’s newly-formed Flexibles Americas business group. Amcor reportedly paid US$45 million for the business. Flint Group confirmed the acquisition of Xeikon, a digital solutions provider to the packaging and commer- cial printing markets. Xeikon’s products and services now form the foundation of a newly created division to be called Flint Group Digital Printing Solutions. CCL Industries acquired Mabel’s Labels and Mabel’s Labels Retail, privately owned companies with common shareholders based in Ontario, Cana- da, which it integrated into its Avery segment. Stora Enso increased the ownership in its sub- sidiary Inpac Packaging in China. The company held a majority stake of 51 percent and raised it to reach 90 percent.
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4 December 26, 2016 Flexo Market News
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