Fortis Private Equity and Next Invest sell 100% of Arets International to Toyo Ink Group

Fortis Private Equity, the Private Equity branch of BNP Paribas Fortis (49.9%) together with Next Invest (50.1%), announce today that their joint 100% participation in Arets International has been sold to Toyo Ink SC Holdings Co. Ltd.
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​Arets International is a Belgian company active in the manufacturing and selling of UV-cured inks. Based on the trust of customers that it has earned from its consistent performance, the Arets Group has established sales networks not only in Western countries, but also in a few dozen countries worldwide. It has also developed a line-up of products that can meet a diverse range of needs. Luc Van Doorsselaere, the CEO of the Arets Group will remain in his position after the takeover.
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​ The Toyo Ink Group is a world-leading manufacturer of commercial printing inks, colour and media materials, polymer chemicals and graphic art supplies. The Toyo Ink Group has recently been focusing on globalization as its primary growth initiative. In particular, the Group has been making an effort to further improve the global brand of ink coating material products for the market related to printing and information and packaging materials, the Group’s core products. To achieve this goal, it is pursuing growth strategies simultaneously from two angles. The first is the development of a supply chain by expanding sales and creating manufacturing bases in Asia and emerging economies, its growth area. The second is the expansion of sales of products by introducing new ways of using existing products and creating demand from product replacement with eco-friendly products in Japan and Western countries, its mature area. The Toyo Ink Group expects that the takeover of Arets Group will exert profound synergies for the two groups.
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​Fortis Private Equity is the Private Equity branch of BNP Paribas Fortis. Fortis Private Equity provides minority equity and mezzanine financing to support the growth and development as well as management buy-outs of companies in the Benelux. FPE acts as a strategic partner alongside management teams or co-investors.
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​Next Invest is a private investment company.