Marabu acquires Icon Inks and increases presence in Asia
With the acquisition of Icon Inks, Marabu is expanding its global footprint and its focus on water-based printing technologies and textile printing.
The purchase of Icon Inks allows Marabu to expand its addressable segments to include textile printing. “We are always looking to identify segments with strong future prospects. Until recently, our focus had consciously not included textiles”, tates Jon Bultemeyer, Executive Vice President, Business Unit Screen and Pad Printing Inks.
“But the market environment is very dynamic, and it is important that our business is broadly based. Textile printing remains one of the largest global screen printing segments. Icon Inks is a leading brand, and this acquisition gives us access to new markets and new skills. Icon Inks has a high profile in Asia and is a valuable addition to our existing Marabu ink offering. By expanding our product portfolio, we are now able to offer screen printing inks for textiles, in addition to our pad printing solutions.”
Marabu’s Asian presence
The acquisition of Icon Inks also strengthens Marabu’s Asian presence. To ensure local customer service and support, staff will be distributed across three sites. Eastern China will be advised and assisted from the regional headquarters in Shanghai, and South China from Shenzhen. Moreover, the ink manufacturer has a third site in Hong Kong. All three report to Alexandra Taulin, General Manager of Marabu Shanghai.
