PARSIPPANY, NJ − Sun Chemical, Parsippany, New Jersey, and its parent company, DIC Corp., have acquired Gwent Electronic Materials Ltd., a UK-based manufacturer of conductive inks, pastes and powders for the printed electronic market.
With the acquisition, Sun Chemical will expand its position in the printed electronics marketplace. The combination of Gwent’s complementary portfolio of products with Sun Chemical will offer customers the benefit of 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.”