hubergroup acquires Alden & Ott
hubergroup has acquired all the assets of Alden & Ott Printing Inks Company, enhancing the position of its US subsidiary as a provider of printing inks to the North American market.
Alden & Ott was founded by Joe Alden and Henry Ott in 1957. It has expanded its products from heatset to sheet-fed, UV inks and flexo inks. Today, the company is a comprehensive ink manufacturer developing custom options for both the offset and flexo printing markets in the Midwest and Northeast. hubergroup is one of the world’s leading specialists for printing inks, coatings and pressroom auxiliaries, currently comprising 40 companies and 130 sites.
Derek McFarland, president of hubergroup USA, said: ‘The addition of Alden & Ott to the hubergroup family is an exciting opportunity for our customers, employees and shareholders.
‘As a key raw material supplier, we already had a great relationship with the talented Alden & Ott team and had discovered how much we share a commitment to providing our print customers with products and service that help them delight their customers. Specifically, our combined capabilities in conventional, water-based, low-migration and energy-cured inks will create an enviable offering to the growing packaging market.’
hubergroup expects to retain virtually all employees and management team in order to continue operations in the Midwest and Northeast without interruption.
Tom Alden, president of Alden & Ott, added: ‘Joining the global hubergroup family will bring many benefits to our existing customers, including access to their technical knowledge base, expanded product lines, security of supply and an instantly expanded geographical footprint. The cultural alignment of the family-owned businesses was a key factor and we are happy that the combined team will continue to serve and grow our existing business.’
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