CVC Capital Partners acquires BASF Printing Systems and ANI Printing Inks.

0 Comments | M2 Presswire, September, 2004

M2 PRESSWIRE-30 September 2004-BASF: CVC Capital Partners acquires BASF Printing Systems and ANI Printing Inks(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:09302004 Funds managed by CVC Capital Partners (CVC), a leading European private equity firm, today acquired the printing inks and printing plates operations of BASF, which consist mainly of BASF Drucksysteme GmbH and other printing system companies.

The sale covers all the 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 Corporations plant in Huntington, West Virginia. Both parties to the contract agreed to keep the details of the transaction confidential. The transaction is...