Komori Corporation to acquire equity stake in Germany-based MBO Group, aims to make it a subsidiary.
Komori Corporation announced it has signed a basic agreement with the MBO Group regarding the acquisition of a 100% equity stake in the latter with the aim of making it a Komori subsidiary. MBO is a global company based in Germany that specializes in the manufacture and sale of post-press equipment.
This information is voluntarily disclosed by Komori, as it does not fall under Tokyo Stock Exchange’s timely disclosure standards.
Komori developed the offset printing press business as its core operation. The acquisition is in line with the company’s plan to expand Komori’s range of marketing. In particular, Komori has been focused on developing the Print Engineering Service Provider (PESP) business since 2009. Komori launched the marketing of paper cutters, die cutters, blanking machines, pile turning machines and other post-press equipment that supports package printing. These products are greatly helping resolve major issues printing companies are now confronting, such as labour shortages.
Germany-based MBO Group is distinguished by its technological capabilities in multiple fields, including paper folding for general commercial printing and inline processing, employing a combination of paper folding machines and digital printing systems (DPS). Furthermore, Herzog+Heymann, a subsidiary of the MBO Group, provides machinery designed to perform a complex folding process that handles thin paper and requires specialized technology unmatched by competitors. In recent years, the MBO Group also launched collaboration with robot makers, resulting in the creation of labor-saving systems as part of the MBO Group product lineup.
Through the acquisition of the equity stake in the MBO Group, Komori expects to be able to market unique products that will support its PESP business.
Specifically, the inclusion of the aforementioned operations into Komori’s business portfolio will help it introduce post-press solutions for commercial printing, a new field for Komori.
When coupled with IoT-based cloud solutions, KP-Connect that Komori is promoting on a global basis, the MBO Group’s products will also help provide customers with even more robust, seamless printing production systems that include post-press processing. Komori is also looking to develop new solutions through the combination of the MBO Group’s technologies and Komori’s DPS, offset printing presses and other key products.