Managers of ink maker Sericol have teamed with New York investment company Saratoga Partners to acquire Sericol Ink Co. from BP plc.
Saratoga Partners has made investments in 29 companies with a value of over $3.4 billion.
Sericol makes inks and other consumables for the screen-printing industry, as well as for flexo and digital printing processes. Manufacturing facilities are in Broadstairs, England, and Kansas City, MO. It has other plants in Australia, India, China and Brazil, and employs 1,200 people.