Siegwerk acquires La Sorgente Spa

Founded in 1929, the company is one of the most important ink suppliers for flexographic printing in Italy today.  

 

With this acquisition, Siegwerk further expands its product portfolio for packaging printers while concretely strengthening its local footprint in the Italian market.  

 

Dirk Weißenfeldt, vice president Flexible Packaging EMEA at Siegwerk, said: ‘La Sorgente Spa is a well-established ink expert for paper and board as well as flexible packaging applications with a strong reputation in Italy. Its ink solutions fit perfectly into our product portfolio.’ 

 

The purchase will enable Siegwerk to significantly expand its presence while building up its infrastructure and workforce to further grow in Italy.  

 

The deal includes the transfer of all technical expertise, product portfolio and manufacturing equipment belonging to La Sorgente Spa. Siegwerk will continue to produce and serve customers from the production site in Poppi. As member of the Siegwerk family, La Sorgente Spa will remain a separate entity maintaining its own brand and product names.  

 

Christopher van Laack, vice president Paper and Board EMEA and Liquid Food Packaging at Siegwerk, added: ‘The integration of the acquired products into Siegwerk’s ink offering will enable customers to benefit from a more comprehensive product portfolio and a wider technological expertise.’  

 

Both companies will work closely together to ensure a smooth integration of business without any interference for current customers of both companies.  

 

Mario Magni, owner and chairman at La Sorgente Spa, concluded: ‘We are delighted to have found in Siegwerk a great partner and new owner for our company. Siegwerk will integrate our inks into a significantly larger organization thus advancing our current products on the global market.’  

 

After the closure of the deal, the family will continue to serve as the management team for the present Italian operation.  

 

The acquisition of La Sorgente Spa follows other strategic investments that Siegwerk has already completed during recent years to enhance its position as a full-range provider of inks for the packaging market. 

 

Both parties have agreed not to disclose any financial details.