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Industry News, Mergers and Acquisitions, Printers News

TOPPAN Printing Acquiring 100% of INTERPRINT

Adds international décor printer to strengthen its global expansion strategy.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

TOPPAN Printing Co., Ltd. has signed an agreement with Wrede Industrieholding GmbH & Co. KG to acquire 100% of INTERPRINT GmbH. It is expected that the transaction will be consummated by the end of 2019 as soon as merger control proceedings have been completed.
 
TOPPAN will strengthen its position in the global printing industry with the acquisition of INTERPRINT. TOPPAN is committed to expanding its global market with the aim of achieving a 30% overseas sales ratio. The transaction accelerates its international expansion strategy in the décor printing market together with Decotec Printing S.A., acquired in 2017, and Toppan Interamerica Inc. 
 
“With both companies together, we are confident that we will bring outstanding value to the industry globally,” said Norio Yamanaka, director and managing executive officer of TOPPAN’s Environmental Design Subdivision.
 
“Over the last 50 years, INTERPRINT has had an outstanding track record in business thanks to the entrepreneurial spirit of its management team. Our decision to choose TOPPAN as a strategic investor is a signal to all employees and customers worldwide that INTERPRINT will continue to be a trusted partner now and in the future,” said Michael Sindram, managing director of Wrede Industrieholding.

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