Toyo Ink Mfg. Co., Ltd., primarily known in the LFP industry as the provider of OEM inks to a number of Japanese large format printer manufacturers, have announced that following a resolution, it has acquired an additional interest in Sakata INX Corporation, with whom Toyo Ink has capital and business ties.
Sakata INX themselves have previously been on the acquisition trail, having acquired or created joint ventures with alternative ink manufacturers Triangle and Megaink.
The acquisition was made on Dec. 10, 2010, with Toyo Ink acquiring 3 million shares of Sakata INX stock. The number of shares Toyo Ink held before acquisition was 7,536,000 shares, or 12.04 percent. Toyo Ink now holds 10,536,000 shares, or 16.83 percent.