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Sun Chemical and its parent company, DIC, have acquired Gwent Electronic Materials Ltd., a leading manufacturer of conductive inks, pastes and powders for the printed electronic market.
With the acquisition of the United Kingdom-based company, Sun Chemical will expand its leading global position in the printed electronics marketplace. By combining Gwent’s complementary portfolio of products with Sun Chemical, customers will benefit from further innovative solutions for advanced printed electronics applications.
Gwent’s European-based production sites will also enhance Sun Chemical’s global conductive ink, paste and powder manufacturing capabilities while allowing further penetration into developing markets.
“The addition of Gwent’s diverse advanced electronic materials and tailor-made technologies will further expand Sun Chemical and DIC’s solutions portfolio for printed electronics globally,” said Mehran Yazdani, President of Sun Chemical Advanced Materials. “Sun Chemical has experienced tremendous growth in the global printed electronics market and this acquisition will help us expand into this strategic market and enable us to better serve our customers.”
About Sun Chemical
Sun Chemical, a member of the DIC group, is a leading producer of printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds, and application materials. Together with DIC, Sun Chemical has annual sales of more than $7.5 billion and over 20,000 employees supporting customers around the world.
Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands, and is headquartered in Parsippany, New Jersey, U.S.A.
About Gwent Electronic Materials Ltd.
Gwent Electronic Materials Ltd. is a company founded in 1988 which manufactures materials for the electronics market. Products are manufactured directly for individual customers and are tailored to suit specific processes of manufacturing plants. Since its founding, Gwent Electronic Materials Ltd. has grown to become a major supplier of paste and ink to a variety of industries.
Gwent Electronic Materials Ltd.’s strengths include being a major world supplier of pastes and other ancillary materials for the bio-sensor and biotechnology markets. Additionally, other major targets are automotive and display products. In order to supply to these markets, Gwent Electronic Materials has the medical device qualification ISO 13485 and automotive supply qualification ISO 16949.