Speciality chemicals maker has acquired Diamond Dispersions, a UK-based company that focuses on the production of water-based dye and pigment dispersions for inks used in digital printing.

The acquisition is hoped to advance Lubrizol Performance Coatings` goal to grow its portfolio of products that enable digital printing.

Sanjay Kalhan, General Manager of Lubrizol Performance Coatings, said, “The combined technologies, knowledge and expertise of both companies will drive further innovation across product lines and position Lubrizol as the preferred partner for ink makers seeking to develop new digital print systems for this growing market. In addition to our dispersant, specialty additive and resin product lines, ink manufacturers will now have the opportunity to source fully formulated dispersions through Lubrizol.”

Financial terms of the transaction were not disclosed.