Consolidating the printing consumables chemicals market
Deal Flash
Langley Holdings plc, via its German subsidiary DC DruckChemie GmbH, has acquired BluePrint Products N.V. and Hi-Tech Chemicals BV from Heidelberger Druckmaschinen AG.
Langley is a globally operating, multi-disciplined engineering and industrial manufacturing company, principally providing capital equipment technologies to diverse markets around the world. The DC DruckChemie group is a manufacturer and supplier of specialty chemicals, consumables and support services for the printing and graphic arts industries.
I am delighted to welcome BluePrint Products and Hi-Tech Chemicals into the DC DruckChemie family. These acquisitions are an excellent fit with our print manufacturing and supplies businesses and will further strengthen our offering to the printing industry. The manufacturing facilities, industry expertise and high-quality products will help build on our success and underline our long-term commitment to the sector.WILLIAM LANGLEY, BOARD DIRECTOR, LANGLEY HOLDINGS PLC, UK
Oaklins’ approach delivers extraordinary value
Oaklins’ team in Germany initiated the transaction and advised Langley throughout the process, from valuation and negotiation to due diligence. The US$25 million sale was completed in under six weeks after submission of the indicative offer.
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