International décor printer Interprint will be joining the Toppan Group.
TOPPAN Printing Co., Ltd. (TOPPAN) has signed an agreement with Wrede Industrieholding GmbH & Co. KG (WREDE) to acquire 100% of INTERPRINT GmbH (INTERPRINT).
TOPPAN, headquartered in Tokyo, 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.
“We are excited about INTERPRINT’s benchmark décor design expertise as well as its exceptional and long-standing customer relationships. It will be the foundation for our future expansion not only in Europe, but also through the rest of the global market,” said Hideo Yoshikawa, CEO of Toppan Europe GmbH.
INTERPRINT will become a part of the TOPPAN Group. The well-established INTERPRINT brand name will be retained and serve as an umbrella for TOPPAN’s décor printing activities outside of Japan.
“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.