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The “new“ Siegwerk: Satisfactory revenue development in the first year

The “new Siegwerk” remains on the

road to success. In the first year of completely consolidated

results from the “Sicpa Packaging” acquisition, the company

achieved a revenue of 870 million euros. “That’s slightly more

than planned, so we’re satisfied with revenue development,”

says CEO Herbert Forker. Siegwerk has grown into one of the

three biggest producers of printing inks worldwide. 34 national

subsidiaries on all five continents represent the company

prominently and in a customer-focused way.

Since the acquisition of Sicpa’s packaging business, Siegwerk is organised in seven different business units. Flexible Packaging generated the most revenue in 2006, followed by Publication Gravure and Sheetfed/UV. Web Offset has been registering strong growth for years. Siegwerk also enjoys a stable market position with its inks for label printing, tobacco packaging and paper & board. Recently, a separate business area for liquid food packaging was founded, in order to serve this market in a targeted fashion, too.

In a Europe-wide project, the production network was reorganised. As Centers of Excellence, three big sites in Germany, France and Switzerland serve customers directly. In other countries, internal blending centers receive concentrated inks that are further processed and delivered according to customers’ wishes. “In this, we are following an important demand of our customers,” says Forker. “We are securing consistent product quality in Europe and other regions.”

Along with product quality, the topics of “trusting cooperation” and “quick support for customers on site” are the focal point of all Siegwerk’s initiatives. In all the world’s important markets, Siegwerk is represented by highly qualified service technicians who can react to customers’ wishes swiftly. Forker: “In this, we offer real added value, which helps printers reach their efficiency and revenue goals – and thus work successfully.”

With the acquisitions of Color Converting (2003) and Sicpa Packaging (2005), Siegwerk has made the leap from a Central European producer to a real global player. In just six years, revenue almost tripled. The traditional values of a family-owned company – such as “long-term orientation” and “personal business relationships” – have remained intact during this process. “People make the difference in our business,” Forker stresses. “Our staff still know customers personally, and every business partner has a familiar contact person. That’s the only way to maintain a long-term, mutually beneficial business relationship.”

About Siegwerk
Siegwerk is a world-leading supplier of printing ink for packaging and publications. Our international family business of 3,800 employees strives to exceed customers’ expectations of quality, reliability and support. In 2006, we have generated revenues of 870 million euros. Our headquarters is located in Siegburg near Cologne (Germany).

www.siegwerk.com

Media Contact:
Dr. Peter Heimerzheim
Phone: +49(0)2241 304 732
Fax: +49(0)2241 304 330
Mobile: +49(0)160 96234440
E-mail: peter.heimerzheim@siegwerk.com