Epple Druckfarben, a producer of offset printing inks and varnishes in Europe, has taken shares in PCO Europe, a Dutch printing chemicals manufacturer, as it seeks to expand its activities in international markets.
Epple’s objective with this investment, alongside the strengthening of its product range, is the expansion of activities in international markets, with a particular interest in Asia. Epple plans to exploit the comprehensive Asian agent network of PCO’s subsidiary in the region, PCO EastGate, which has locations in Malaysia and Thailand as well as strong local market know-how.
Epple identifies the market for print and printing consumables as one faced with challenges such as price pressure on print products, shortage of raw materials and media developments. However, there are great opportunities, especially in the food packaging printing sector for sustainable print production.
Stefan Schülling has been appointed as the new managing director at PCO Europe.
Schülling, also head of corporate development at Epple Druckfarben, commented: ‘PCO Europe has found a strong shareholder in Epple, and Epple will be able to expand its main business thanks to the strong presence PCO has in Asia, particularly through PCO EastGate.’
Ben Van Loon, technical director at PCO Europe, added: ‘In the interest of the long-term future of the company and as a reliable business partner to our customers, the new close partnership with Epple Druckfarben is optimal. Now, I can focus completely on the further development of our product range and the technical support of our customers, in order to remain a competent and reliable partner for printing houses over the coming years.’