Siegwerk Group International CEO Herbert Forker
A new ink packaging company has been born as the result of Siegwerk’s acquisition of the packaging ink business from Swiss group SICPA, creating the world’s largest Europe-based printing ink company. The new Siegwerk Ink Packaging is one of the world’s leading producers of ink for advanced packaging. It’s product range includes advanced ink for flexible packaging, tobacco packaging, labels, paper and board, sheetfed and UV decorative applications.
Siegwerk Group International CEO Herbert Forker says the acquisition will not change the staff from either company’s stance on high quality and customer relationships.
“As a result, our newly combined entity is ideally positioned for developing truly customised business solutions for each customer, large international clients as well as local packaging printers, in a way that leverages the expertise in the Siegwerk Technical Center in Siegburg and the application engineering support of the SICPA global network,” says Forker.
While maintaining its traditionally strong market position in Central Europe, Forker says the company will also focus on the growth markets in Southern and Eastern Europe, Asia and Latin America.
“In Asia, for example, market researchers are expecting the production of quality packaging products to increase tenfold by 2010. Similarly, consumer buying patterns in Southern and Eastern Europe are shifting towards increased purchasing of packaged goods. Thanks to our rigorous focus on quality packaging ink, we anticipate having a significant share in this growth.”
Siegwerk Ink Packaging is an operating company of the holding company Siegwerk Group International, who also holds a second operating company, Siegwerk Ink Publication.
SICPA Holding will retain its activities in security ink and security systems and will continue operating from its headquarters in Lausanne, Switzerland.
