Vibrantz Technologies announced the sale of its Dip-Tech Ltd. subsidiary, based in Israel, to Kerajet S.A. The sale does not include the digital ink business. The deal is expected close in the next 60-days.
“This sale allows Vibrantz to redouble our focus on the production and development of digital inks for Kerajet and other digital printer manufacturers,” said D. Michael Wilson, Vibrantz president and chief executive officer. “It also helps ensure our unmatched glass expertise and capabilities continue to grow in support of the digital printing market.”
“Kerajet’s expertise in the ceramics market and two decades of experience in digital printers well positions the company to take over Dip-Tech’s digital printer business,” added Matthias Bell, president of Performance Coatings at Vibrantz.
Dip-Tech customers will be provided with additional information by Vibrantz upon closing the transaction. Customers can continue transacting as usual with Dip-Tech up to that point.
About Kerajet
Kerajet, a Spanish company founded in 1998, is a top designer and manufacturer for advanced digital printers. Its headquarters are in Castellon. For more information, visit kerajet.com
Vibrantz Technologies
Vibrantz, a world leader in the supply of specialty chemicals is committed to bringing color, performance, and vibrancy to your life. Our products and technologies have been used by over 11,000 customers and are now part of many consumer products. Vibrantz holds key positions in specialty minerals and chemical additives for electronics, batteries, and construction. It also has the ability to produce dry powder pigments that can be used in paints and coatings as well as thermoset plastics and thermoplastics. The company, headquartered in Houston Texas, employs more than 5,000 people and has 65+ manufacturing facilities on six continents. Visit vibrantz.com for more information.