Ferro Acquires Dip Tech

Ferro Acquires Dip Tech

Ferro, a provider of functional coatings and color solutions, said Wednesday that it has acquired Dip Tech, a provider of digital printing solutions for glass coatings. Ferro paid $60.0 million, excluding customary adjustments and fees for Dip-Tech, which is a privately held company headquartered in Kfar Saba, Israel. The company said it expects the deal to be accretive to earnings in 2018 based on year-one synergy-adjusted EBITDA. It also expects […]

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