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 closing within 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 receive additional information from Vibrantz after the transaction is closed. Customers should continue to transact with Dip-Tech until then.
About Kerajet
Kerajet was founded in 1998 in Castellon in Spain and is a leader in the design and manufacture of digital printers for ceramics and textiles. To learn more, 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 are used in a variety of applications and found in many consumer products. We serve over 11,000 customers. Vibrantz holds key competencies in color technology, glass and ceramic science, particle engineering and glass and ceramic science. It is also a leader in dry powder pigments used in paints and coatings as well as in thermoset plastics, dry powder pigments, and high-performance coatings. The company, headquartered in Houston Texas, employs more than 5,000 people and operates 65+ manufacturing facilities across six continents. Visit vibrantz.com to find out more.