Druck Chemie acquired by Langley

Druck Chemie, the German print chemicals group has been acquired by Langley Holdings plc, the UK industrial group.

Contracts were signed on 7 November, the deal was finally closed on 28 November, following cartel clearance.

Druck Chemie has annual revenues of circa €75 million and around 300 employees and is Europe's leading print chemicals producer, with locations throughout Europe. The company also has operations in Brazil.

Langley has made numerous acquisitions over the last two decades, evolving into a near billion euros revenue group employing over 4000 people in over 70 countries.

The group, is entirely debt free and prides itself on having never sold any company it has acquired.

Langley entered the print sector in January 2012 with the acquisition of Manroland Sheetfed, the German press builder.

A spokesman for Langley said:

"We are delighted to have reached agreement to acquire Druck Chemie, the company compliments our Manroland press business and further demonstrates our commitment to the sector"

About Langley Holdings plc
Langley Holdings plc is a diverse, privately owned engineering group based in the UK with principal operating divisions located in Germany, France and the UK and more than 70 subsidiaries worldwide. The group produces capital equipment ranging from electrical systems for data centres, machinery for cement plants, food packaging lines, automotive welding equipment and, most recently, printing presses.The group was founded in 1975 and today employs more than 4,000 people world wide.

About Druck Chemie

The DC Druck Chemie group is a manufacturer and supplier of speciality chemicals, consumables and support services for the printing and graphic arts industries. Druck Chemie was founded in 1971 in the Swabian town of Ammerbuch, near Stuttgart, with eight products, two employees and one lorry. The first German branch offices came into being in 1978 in Gaimersheim; in 1982 in Hofheim and in 1987 the first international branch office opened in Switzerland. Today Druck Chemie has facilities in 10 European locations as well as Brazil and Mexico, offering over 4,000 different products to more that 7,000 customers. In November 2014, Druck Chemie was acquired by Langley Holdings plc, a British-owned multi-disciplined engineering concern serving a diverse range of markets worldwide.