INX International Ink has reached an agreement to purchase Creative Industria e Comercio, a printing ink manufacturer in Sao Paulo, Brazil.
Founded in 1996, Creative makes flexographic and gravure packaging inks in South America.
As a result of this deal, Rick Clendenning, president and CEO of INX International Ink Co., believes a combination of factors will strengthen INX’s position in Brazil and South America.
Pedro Americo Ribeiro opened Creative in 1996, relying only on his resources to produce varnishes used for packaging.
Two years later, the family-owned company was producing inks and had expanded its distribution network by 2002.
It employs 64 people who work out of a 107,000 square-foot manufacturing facility in Sao Bernardo do Campo – Sao Paulo.
Ribeiro, his brother and cousin will continue to manage the company started by Ribeiro’s father.
