Fuji Completes Sericol Acquisition
Resultant company called FujiFilm Sericol Ltd.
Fuji Photo Film Co. has completed its acquisition of Sericol, the producer of inks for wide-format digital printers, screenprinting systems, and the narrow-web printing market. The resultant company, FujiFilm Sericol Ltd., is a wholly owned subsidiary of Fuji Photo Film and remains based in Broadstairs, Kent, in England. Sericol management, including CEO Ed Carhart, remains with the company.
"The acquisition will further expand and develop Fujifilm's printing business, one of the company's core businesses, into other areas of industrial and package printing which are expected to grow steadily in demand," Fuji reported when the acquisition was first announced earlier this year.
In addition to manufacturing inks, Sericol is also the distributor for Inca Digital Printers (www.incadigital.com). The acquisition of Sericol by Fuji will not affect this distribution arrangement, Sericol reports: "Sericol and Inca will continue to be strategic partners in the sale of Inca flatbed digital presses."
Sericol has its main manufacturing facilities in England and Kansas City, MO. It has other plants in Australia, India, China, and Brazil as well as offices around the world. The company has 1200 employees worldwide. (Fuji Photo Film: www.fujifilm.com; Sericol: www.sericol.com)