Date: 29 November 2022
Vibrantz Technologies announced that its Dip-Tech Ltd. subsidiary based in Israel has entered into an agreement to sell its digital printer business to Kerajet S.A. The digital ink business is not part of the sale. The deal is expected to close within 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.
Vibrantz will provide further information to Dip-Tech customers upon the closing of the transaction. Until that time, customers should continue transacting with Dip-Tech as usual.
Founded in 1998 and headquartered in Castellon, Spain, Kerajet is a leading designer and manufacturer of advanced digital printers for ceramics, textiles, tableware, PVC, fiber cement and other applications using different kinds of inks, depending on the final product. Visit kerajet.com to learn more.
About Vibrantz Technologies
Vibrantz is a leading global provider of specialty chemicals and materials whose purpose is to bring color, performance and vibrancy to life. Serving over 11,000 customers, our products and technologies serve a wide array of applications and make their way into myriad consumer products. With key competencies in particle engineering, glass and ceramic science and color technology, Vibrantz has leading positions in specialty mineral and chemical additives for batteries, electronic components and construction; dry powder pigments for paints and coatings, thermoset plastics and thermoplastics; and high-performance glass coatings and porcelain enamel solutions. Headquartered in Houston, Texas, the company employs over 5,000 people and operates 65+ manufacturing sites across six continents. Visit vibrantz.com to learn more.