Sun Chemical and DIC Corporation Acquire Luminescence Holdings Ltd.

Client News

Sun Chemical and DIC Corporation Acquire Luminescence Holdings Ltd.

Release date: Wednesday 07th February 2018


PARSIPPANY, N.J., USA – 7 February 2018 – 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.”

Images

No images found.


Languages

Click to download the article


Contacts

Greg Mills
Account Director
Email: gmills@adcomms.co.uk
Tel: +44 (0)1372 464 470

Ellie Martin
Account Manager
Email: emartin@adcomms.co.uk
Tel: +44 (0)1372 464 470