Nazdar Acquires Lyson
Emphasis on developing, improving third-party digital-ink products and relationships with OEMs.
The Lyson product line includes digital inks for all major inkjet print technologies, including piezo, thermal, and CIJ. Lyson manufactures solvent and water-based inks in pigment and dye formulations for markets such as wide-format graphics, fine art, photography, proofing, industrial coding and marking, and office printing. Lyson supplies major OEM digital printer manufacturers and end-users through an international network of distributors.
"Nazdar is committed to the digital ink market," says Mike Fox, president of Nazdar. "It's an increasingly important part of our core business. Lyson and Jeff Ball have done an excellent job of establishing Lyson as one of the world's premier providers of digital ink products. They have an innovative history and have developed an excellent product line that enables Nazdar to achieve its strategic initiative to expand outside of our traditional channels and presents us with new customer opportunities. Bringing the two companies together will help both Lyson and Nazdar reach our goals for the future.
"We intend to maintain and build the Lyson brand, which has an outstanding reputation for innovation, service and support," Fox continues. "Our emphasis will be on continuing to develop and improve third-party digital-ink products while expanding our relationships in the OEM markets. Joining the resources of the two companies increases our already considerable R&D expertise and will allow us to broaden our development efforts in aqueous, solvent, and UV ink technologies." "
The acquisition is a great fit for both companies, says Jeff Ball, Lyson's founder: "It gives the Lyson brand the resources necessary to further our penetration into the marketplace and to continue to research and develop Lyson products at the very highest level. It gives Nazdar a larger product portfolio and an established base in Europe, which accelerates their international expansion objectives." "