Siegwerk Buys Ink Manufacturer in Brazil
SIEGBURG, Germany/DIADEMA, Brazil - Siegwerk Druckfarben AG & Co. KGaA, a supplier of printing inks for packaging applications and labels, has signed a contract to purchase family-owned Tupahue Tintas, a market leader in Brazil for flexo and gravure printing inks and varnishes located in Diadema (São Paulo). With this acquisition, Siegwerk expands its presence in the Latin American region and strengthens its ability to serve specific local market demands. Tupahue Tintas offers innovative ink solutions specially designed for packaging converters in the local market.
"With the purchase of Tupahue Tintas we add a well-established ink provider with high-quality products for packaging applications to the Siegwerk family," said Andrea Serturini, President and Head of LATAM region at Siegwerk. "You can see a growing demand for customized applications and high-end packaging in Latin America. When it comes to packaging, flexo and gravure solvent-based are still the major printing processes used in the region. Combining now Tupahue's and our know-how and technology in these fields adds great value to our offering for the local markets."
Tupahue Tintas' portfolio covers flexo and gravure printing inks and varnishes suitable for a wide range of substrates like LDPE, HDPE, BOPP, PP, polyolefin, polyester, aluminum, metallized films and others.
Siegwerk's purchase offer includes the transfer of all technical expertise and product portfolio as well as the manufacturing equipment related to Tupahue's headquarters in Diadema. Both companies will work closely together to ensure a smooth integration of the business without any interference for current customers.