Posted On: 08/17/2016 9:10:05 AM
Post# of 273315
Koninklijke Ten Cate (KNKCF) 27.1500 $KNKCF
Sensient Technologies Corporation Acquires Xennia
BusinessWire - Thu May 07, 11:01AM CDT
Sensient Technologies Corporation (NYSE: SXT) today announced that it has reached an agreement to acquire the assets of Xennia Technology Ltd., a UK manufacturer of specialty inks used in digital printing. Xennia's product lines consist of reactive, acid and sublimation inks for printing on a range of textiles and other substrates. The business is currently owned by Royal Ten Cate NV, a multi-national producer of functional materials headquartered in the Netherlands. Xennia reported revenue of approximately $11.0 million in 2014. The transaction is expected to close in the third quarter of 2015.
SXT: 72.84 (-1.01)
Sensient Technologies Corporation Acquires Xennia
BusinessWire - Thu May 07, 11:01AM CDT
Sensient Technologies Corporation (NYSE: SXT) today announced that it has reached an agreement to acquire the assets of Xennia Technology Ltd., a UK manufacturer of specialty inks used in digital printing. Xennia's product lines consist of reactive, acid and sublimation inks for printing on a range of textiles and other substrates. The business is currently owned by Royal Ten Cate NV, a multi-national producer of functional materials headquartered in the Netherlands. Xennia reported revenue of approximately $11.0 million in 2014. The transaction is expected to close in the third quarter of 2015.
SXT: 72.84 (-1.01)
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