Latest Langley Acquisition for Druck Chemie Division
Retford, 11th December, 2020
Langley Holdings plc, the diverse engineering and industrial group announced today its DC Druck Chemie GmbH (Druck Chemie) division has acquired printing chemicals consumables manufacturers BluePrint Products NV and HiTech Chemicals BV from Heidelberger Druckmaschinen AG.
The acquisition includes the Kruibeke, Belgium based production facility which produces high-quality printing chemicals consumables for flexographic, digital and offset printing for the packaging and commercial markets.
Druck Chemie and the acquired companies will continue to supply printing chemicals consumables to Heidelberger Druckmaschinen.
“I am delighted to welcome BluePrint Products and HiTech Chemicals into the Druck Chemie family. This acquisition is an excellent fit with our print manufacturing and supplies businesses and will further strengthen our offering to the printing industry. The manufacturing facilities, industry expertise and high-quality products will help build on our success and underlines our long term commitment to the sector,” said William Langley, board director, Langley Holdings PLC.
"With the withdrawal from the production of pressroom chemicals, we are making very good progress with our realignment and concentration on our core activities," said Rainer Hundsdörfer, CEO of Heidelberg. "We will use the funds freed up by this to safeguard our liquidity in times of the Covid-19 pandemic and to push ahead with strategic investments in the future on the path of our digital transformation"
The €20.5 million sale was completed in under six weeks and was led by Langley M&A adviser Dr Florian von Alten, Managing Partner of Oaklins Angermann AG Hamburg.
Mirko Kern, Managing Director of DC Druck Chemie said “Druck Chemie customer success is built on high-quality products and unrivalled services and support. This is a fantastic addition that will expand our presence as we strive to continually improve and expand our offerings,”
Founded in 1971 in Ammerbuch, Germany, DC Druck Chemie GmbH is a leading manufacturer of printing chemicals. It has facilities in 10 European locations as well as Brazil and Mexico and was acquired by Langley Holdings plc in 2014.
Langley Holdings entered the printing sector in 2012 with the acquisition of Manroland Sheetfed, a leading manufacturer of sheetfed offset printing presses for the commercial and packaging print markets.
Langley Holdings plc (Langley) is a globally operating, multi-disciplined engineering and industrial manufacturing concern, principally providing capital equipment technologies to diverse markets around the world. Langley businesses are either outright market leaders or occupy strong niche positions in their respective fields, providing advanced technologies in a solutions-based approach. The group comprises 6 divisions based in the UK, Germany, France and Italy and has a worldwide manufacturing and commercial footprint of several million square feet with 17 production facilities in Germany, France, Italy, UK, the United States and Asia and more than 100 sales and service subsidiaries across Europe, the Americas, the Far East and Australasia.
The group was established in 1975 by Tony Langley, the current Chairman & CEO, and remains in family ownership. Download the Langley group’s latest IFRS Annual Report & Accounts,
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 Ammerbuch, near Stuttgart, with eight products, two employees and one lorry. Today Druck Chemie has facilities in 10 European locations as well as Brazil and Mexico, offering over 4,000 different products to more than 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. www.druckchemie.com