Siegwerk completes Canada’s Ultra Inks acquisition

German packaging ink major Siegwerk announced the acquisition of Canadian Ultra Inks in its bid to strengthen its operations and portfolio for packaging and label printers in Canada.

24 Sep 2018 | By Sriraam Selvam

Located in Bois-des-Filion, Quebec, Ultra Inks are known to manufacture water-based flexo inks for narrow web paper and board applications.

“Ultra Inks is a well-established expert for packaging and label inks with a very strong local reputation, especially in Quebec. The company is known for its highly personalised inks and services and therefore is a perfect fit to our Siegwerk family,” said Dave Hiserodt, head of CUSA region at Siegwerk.

“We believe in partnerships that put the emphasis on clients’ needs, commitment to quality and product development and this is exactly what we have found in Siegwerk,” says Frederic Perrier , CEO at Ultra Inks. “We are very glad to name Siegwerk the new owner of our company who will integrate our quality ink into a significantly larger structure and thus further advance it on the market. As far as service and support is concerned, Ultra Inks will maintain its high standards.”

The acquisition of Ultra Inks follows other strategic investments that Siegwerk has completed to enhance its position as a full-range provider for the packaging market. In 2017, the company acquired Hi-Tech Products, a specialist supplier of water-based inks and coatings for paper and board located in the U.K., as well as Van Son Liquids, a Dutch manufacturer of high-quality water-based flexo and gravure printing inks. In the narrow web segment, Siegwerk acquired in 2017 the UV coatings business from Schekolin and in 2018 the UV inkjet business from AGFA.