PARSIPPANY, NJ – Sun Chemical and its parent company, DIC, have acquired Gwent Electronic Materials for an undisclosed sum.
Gwent’s European-based production sites will enhance Sun Chemical’s conductive ink, paste and powder manufacturing capabilities.
“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.”