Eppstein, 8 June 2020. INX International has closed the acquisition of RUCO Druckfarben, A. M. Ramp & Co. GmbH, on 1 June 2020. By entering the German market, the third largest North American manufacturer of printing inks is expanding its position in Europe. The transaction secures the future prospects of the long-established German company RUCO through expanding its market access in the INX network.
"We will now drive the planning for the investments at the Eppstein site forward. Among other things, we are aiming at an expansion of capacities in the flexible packaging sector. In addition, we will focus even more strongly on the development of environmentally friendly products in the future. We want to formulate state-of-the-art, environment-friendly products that deliver unsurpassed performance and quality while minimizing their negative impact to the environment," said Peter Lockley, President of INX Europe.
"This transaction is a milestone in our corporate history. Despite the Corona crisis, we expect a stable business development – especially in the food and pharmaceutical packaging segments. Our activities there are regarded as system-critical," added Moritz Hartmann, who took over as sole Managing Director of RUCO on 1 June.
About INX International
INX International is the third largest producer of inks in North American with full-service subsidiaries in Europe and South American and is part of Sakata INX worldwide operations. We offer a complete line of ink and coating solutions technology for commercial, packaging and digital applications. As a leading global manufacturer of inkjet inks, we provide a full palette of digital ink systems, advanced technologies and integrated services.
Together with Sakata INX, INX International has annual sales of more than $1.4 billion. Over 4,300 employees located at 32 subsidiaries across 18 countries working together every day to meet the needs of our customers by providing quality, service and innovation the printing and packaging markets. In Europe, INX has production sites in Italy and the Czech Republic (inkjet), Spain (flexible packaging) and the UK (metal decoration).
About RUCO Druckfarben
As a leading medium-sized manufacturer and system provider of highly specialized, industrial inks for screen, pad, gravure, flexo and dry offset printing, RUCO Druckfarben is nationally and internationally renowned for outstanding performance, innovative products and impressive results. The company is based in Eppstein, Germany, and employs around 150 people.
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