MBO successfully executed at Inkmaker

Italy-based Inkmaker Group, a specialist in ink dispensing technology, has successfully undergone a management buyout (MBO) with KRCV now owning 100 percent of the shares in the company.

Following the strategy adopted by the management team, the company is forecasting organic growth in the areas where it is present, including narrow web printing with the HA650 for UV flexo inks

The group, founded in 1987 by Giuliano Cigna, Carlo Musso and Luciano Longobardi, employs more than 90 people. Over 30 years of activity, the group has strengthened its presence on international markets creating branches worldwide, from Europe and the Americas, to Asia and Australia.

KRCV is fully controlled by Inkmaker Group’s top management – Christophe Rizzo (general manager, Italy), Valentina Cigna (president, Italy), Roberto Guerra (managing director, Asia) and Kar Seng (general manager, Greater China).

Following the strategy adopted by the management team, the company is forecasting organic growth in the areas where it is present, including narrow web printing, industrial coatings and laboratory equipment. It also takes into account investments in new territories and new sectors where absolute dispensing accuracy is required. Additionally, to further consolidate its leadership in in-plant systems, the management is considering acquiring new technologies and customers’ portfolios.

‘The conclusion of this operation is for us a source of pride, and represents a challenge to continue on the path of social and economic development and growth of the company that we have been managing for the last 20 years,’ noted Rizzo, Cigna, Guerra and Seng in a joint statement.

‘We wish to thank Carlo Musso, Luciano Longobardi and the Cigna family for trusting us over all these years.’

Musso, Longobardi and the Cigna family reciprocated: ‘Selling our own business is never an easy choice but we are glad to have received an offer from people grown within our company. We wish at least another 30 years of prosperity and success to Inkmaker.’

Read exclusive M&A comment from L&L columnist Bob Cronin here