Product category:
Printing Trade Organisations - including Allied Industry Bodies
News Release from: Pira International
Edited by the Printingtalk Editorial
Team on 23 March 2004
Pira International Bought By Ciba
Ciba Specialty Chemicals has acquired Pira International, the independent packaging, paper, printing and publishing organisation.
Ciba Specialty Chemicals has acquired Pira International, the independent packaging, paper, printing and publishing organisation Ciba believes the move will expand the offer of Ciba Expert Services and that customers will benefit from wide, in-depth expert services on a global basis
This article was originally published on Printingtalk on 18 Mar 2003 at 8.00am (UK)
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The company said it also believes that the acquisition of Pira is complementary to Ciba's current expert services, which provides colour, environmental, regulatory, safety, testing and educational services, as well as technical know-how to support specific business areas.
Armin Meyer, Chairman and chief executive officer of Ciba Specialty Chemicals, outlined the advantages of the purchase of Pira International.
"This builds on our core competencies and our opportunities for profitable growth.
Together we are creating a global service platform that has the expertise and experience to support and serve the entire packaging, paper, printing and publishing industries.
We are convinced that this transaction offers great benefits to the customers of both businesses," he said.
Pira International, which employs 140 people, has worked with the packaging, paper, printing and publishing industries for over 70 years from its base in Leatherhead (UK).
It provides strategic and technical consultancy and services with major publishing and conference activities.
"Pira International has in depth, global expertise and knowledge," said Mike Hancock, managing director of Pira International and now a member of the management team of the Ciba's Expert Services Unit, headed by Adrian Knott.
"Becoming part of the Ciba organisation offers us the opportunity to fully utilise this knowledge and new opportunities for growth across all our products and services.
The change of share ownership was legally completed on March 15, 2004 and Pira International will continue trading under that name as a provider of Ciba Expert Services," he said.
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