# SAATI to acquire IKONICS businesses

SAATI S.p.A., through its subsidiary SAATI ADVANCED CHEMICALS, LLC, signed a definitive agreement to purchase substantially all assets of IKONICS Corporation's four business divisions: Chromaline Screen Print Products, IKONICS Imaging, IKONICS Industrial Inkjet Solutions, and IKONICS Advanced Material Solutions.

- Type: Acquisition
- Announced: 2022-08-15
- Where: Duluth, Minnesota, United States
- Status: announced
- Products: Screen printing products, Imaging technologies, Industrial inkjet solutions, Advanced materials
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SAATI S.p.A.](https://endata.com/companies/64737.md) (acquirer)
- [IKONICS Corporation](https://endata.com/companies/64738.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2022/08/15/2498634/8377/en/saati-and-ikonics-sign-definitive-acquisition-agreement.html), 2022-08-15: "SAATI to acquire IKONICS businesses, reflects another step in SAATI's growth strategy as pre-press global supplier for the screen printing market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.