Sensient Technologies Corp announces that they have reached an agreement to acquire the assets of Xennia Technology Ltd., one of the leading UK-based manufacturers of specialty inks used in digital printing. Xennia’s product lines consist of reactive, acid and sublimation inks for printing on a range of textiles and other substrates. The business is currently owned by Royal Ten Cate NV, a multi-national producer of functional materials headquartered in the Netherlands. Xennia reported revenue of approximately $11.0 million in 2014. The transaction is expected to close in the third quarter of 2015.
