CVC buys BASF inks, printing plates operations.(BASF Printing Systems Group, CVC Capital Partners)(Brief Article)
Official Board Markets, October, 2004
European private equity firm CVC Capital Partners acquires the printing inks and printing plates operations of BASF, which includes BASF Drucksysteme GmbH and other printing system companies. The sale covers all BASF printing system facilities and activities, including pigment production at the BASF Colorants & Chemicals Co. Ltd. in Shanghai, as well as the production of alkali blue at the BASF Corp. plant in Huntington, W.V. Financial terms are not disclosed and the transaction is subject to regulatory approval.
CVS has also acquired Swedish printing inks manufacturer ANI Printing Inks and will merge its operations with the BASF operations. The merged business will be based in Stuttgart, Germany.
"As a result of the acquisition, BASF Printing...
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