The 150m deal, which is set to be completed in February, includes intellectual property and research and development laboratories and ink and toner factories in the UK and the US.
Avecia's products include dye inks used in desktop printers and wide-format proofers and polymerised toners used in laser printers and digital presses. It supplies inks, dyes and intellectual property related to ink-jet inks for Canon, Epson and HP.
The sale of the division, which had sales of 62m in 2004, is the firm's fifth disposal in 2005. The firm is jointly owned by Polestar parent Investcorp and fellow private equity firm Cinven.
"The driving force is the ink-jet part of the business especially technology to improve the durability of ink-jet inks used in photographic printing. This has been driven by the photo side of the [Fuji] business," said Fujifilm Graphic Systems UK director Keith Dalton.
Have your say in the Printweek Poll
Related stories
Latest comments
"And here's me thinking they bought the Docklands Light Railway."
"15 x members? Why don't they throw their lot in with the Strategic Mailing Partnership (SMP) and get a louder voice?"
"Some forty plus years ago I was at a "sales" training seminar and got chatting to the trainer after the session had finished.
In that conversation he told me about another seminar he had..."
Up next...
Further breathing space
'Serious group' interested in Highcon, new deadline set
Automation welcomed
Colourbridge enhances efficiency with new Duplo multi-finisher
New business unit includes OpSec
