JK GROUP AGREES ACQUISITION BY DOVER CORPORATION

The companies will work together to deliver continued product innovation and drive additional value for customers

Novedrate, Italy, October 22, 2015 - JK Group SPA ("JK") announced today that it will be acquired by Dover Engineering Systems ("DES"), a business segment of Dover Corporation. It will operate as a stand-alone operating company within DES Printing & Identification platform. 

JK is a leading manufacturer and distributor of innovative inks and consumables serving the digital textile printing market. JK serves its global customers under the three independent brands of Kiian Digital, J-Teck 3, and Sawgrass Industrial. JK is a recognized leader in dye sublimation and pigment ink technologies for textile printing. JK is headquartered in Novedrate, Italy with operations in Italy, China and the US.

Alberto De Matthaeis, Managing Director of JK Group, said, "JK Group continues to maintain a well-earned reputation for customer service and technological advancement in the digital textile market, and we believe our acquisition by Dover will only strengthen our position and capabilities on a global scale. JK Group and Dover share a common goal to accelerate the growth in the textile digital printing market and bring world class digital printing ink solutions to our customers."