Interprint Being Acquired By Toppan Printing
Toppan Printing will acquire 100% of the international décor printer Interprint to further strengthen its global expansion strategy. Interprint, in Pittsfield, with its worldwide presence and industry-leading design capabilities is set to join the Toppan Group. According to a press release from Interprint director of communications, Peter Stasiowski, together with the acquisition of Decotec Printing (Spain) in 2017, it will further strengthen Toppan’s position as one of the global leaders in the printing industry.
Tokyo, Japan/Arnsberg, Germany based 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 which is headquartered in Tokyo, will further strengthen its leading position in the global printing industry with the acquisition of the Pittsfield company. 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.
Although 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.