Luminescence Holdings, a manufacturer of currency, secure documents and brand protection inks for the security market, has been acquired by Sun Chemical and its parent company, DIC Corporation.

With the acquisition of the UK-based company, Sun Chemical will increase its share in the securities market. By combining its global reach with Luminescence’s portfolio of products, customers will benefit from a new truly global player. The acquisition also creates an enormous growth platform in the $2.7 billion security ink market.

‘Luminescence has a fantastic reputation in the security market for technology and service,’ said Felipe Mellado, chief marketing officer and board member. ‘What these two companies bring together is a truly exciting global supplier that will further strengthen our service to customers.’