Sun Chemical Acquires Shares of Leading Colombian Ink Supplier to South America?s Andean Region
Jan 3, 2014
Sun Chemical Group Coöperatief UA has purchased the remaining shares held by Inversiones Mundial (Grupo Mundial) in their Colombian joint venture companies Tintas SA and Sinclair SA. With annual sales over $100 million, the Tintas/Sinclair Group sells printing inks and related graphic arts products primarily to the packaging market in the Andean region of Latin America, which covers Colombia, Ecuador, Peru and Venezuela. Sun Chemical has had a good relationship with Tintas and Sinclair for more than 30 years, and Sun Chemical and Inversiones Mundial have been equal partners in this successful joint venture formed in 1999 after Sun Chemical purchased Coates Lorilleux.
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