PARSIPPANY, N.J., U.S.A. – May 22, 2009 – Sun Chemical has announced the signing of an asset purchase agreement with Graphic Packaging International, Inc., a subsidiary of Graphic Packaging Holding Company (NYSE: GPK) to purchase certain assets and liabilities of Handschy inks, coatings and varnishes business. Handschy’s customer lists, formulations and trademarks are included in the agreement.
“This agreement with Graphic Packaging International strengthens Sun Chemical’s position as the world’s leading manufacturer of inks and coatings,” said Rudi Lenz, President and CEO of Sun Chemical. “We look forward to serving our newest customers by providing them with the quality, service and innovation that has become the hallmark of our strategy at Sun Chemical.”
About Graphic Packaging Holding Company
Graphic Packaging Holding Company (NYSE: GPK), headquartered in Marietta, Georgia, is a leading provider of packaging solutions for a wide variety of products to food, beverage and other consumer products companies. The company is the largest producer of folding cartons and holds a leading market position in coated-recycled boxboard and specialty bag packaging. The companys customers include some of the most widely recognized companies in the world. Additional information about Graphic Packaging, its business and its products is available on the company web site at www.graphicpkg.com.
PARSIPPANY, N.J., U.S.A. – May 22, 2009 – Sun Chemical has announced the signing of an asset purchase agreement with Graphic Packaging International, Inc., a subsidiary of Graphic Packaging Holding Company (NYSE: GPK) to purchase certain assets and liabilities of Handschy inks, coatings and varnishes business. Handschy’s customer lists, formulations and trademarks are included in the agreement.
“This agreement with Graphic Packaging International strengthens Sun Chemical’s position as the world’s leading manufacturer of inks and coatings,” said Rudi Lenz, President and CEO of Sun Chemical. “We look forward to serving our newest customers by providing them with the quality, service and innovation that has become the hallmark of our strategy at Sun Chemical.”
About Graphic Packaging Holding Company
Graphic Packaging Holding Company (NYSE: GPK), headquartered in Marietta, Georgia, is a leading provider of packaging solutions for a wide variety of products to food, beverage and other consumer products companies. The company is the largest producer of folding cartons and holds a leading market position in coated-recycled boxboard and specialty bag packaging. The companys customers include some of the most widely recognized companies in the world. Additional information about Graphic Packaging, its business and its products is available on the companys web site at www.graphicpkg.com.
About Sun Chemical
Sun Chemical, a member of the DIC group, is the worlds largest producer of printing inks and pigments and a leading provider of materials to packaging, publication, coatings, plastics, cosmetics, and other industrial markets. With annual sales over $4 billion, Sun Chemical has more than 11,000 employees supporting customers around the world. The Sun Chemical Group of companies includes such established names as Coates, Hartmann, Kohl & Madden, and US Ink.
Sun Chemical Corporation is a subsidiary of Sun Chemical Group B.V., the Netherlands, and is headquartered in Parsippany, New Jersey, U.S.A. For more information, please visit our Web site at www.sunchemical.com .