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press release - January 2005

Ultrachem acquires Bousfield's solvent chemical manufacturing business and Openshaw's Spectrum product range

11th January, 2005 - Ultrachem Limited, the UK based pressroom chemical manufacturer and pre-press and consumables company, today announced its acquisition of the solvent chemical manufacturing business of Bousfield Ltd, and the Openshaw's Spectrum range of products. The purchase also includes the transfer of brand names for both companies' formulations and manufacturing equipment.

Tony Brinton, Ultrachem's MD, comments, "We believe that our new acquisitions now positions us as the UK's leading manufacturer and supplier of sheet-fed pressroom chemicals, and also provides the opportunity to substantially expand our client and product portfolio business worldwide."

"By utilising our market-leading customer service and support programme, we expect to maintain and increase demand for Bousfield's chemical business and Openshaw's Spectrum products, while increasing product choice for existing Ultrachem customers."

"From this time, the solvent chemical manufacturing business of Bousfield Ltd., as well as Openshaw's Spectrum product range, will be transferred to Ultrachem's two manufacturing sites in Leeds. With the ability to produce large batches of any chemical used within the printing industry ranging from FOGRA approved blanket washes, to MAN-approved founts. Each fully automated Ultrachem site will provide new and existing customers with high quality products and unprecedented levels of customer service."

"In addition, with our new state-of-the-art 30,000 sq foot facility in Canning Town, London, we have the perfect platform from which to expand the sales and distribution of our existing products, and further improve service to customers. As a result, we expect to be actively recruiting experienced professionals from the industry over the coming weeks."
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