TOPPAN Completes Acquisition of International Décor Printer INTERPRINT
The agreement between Toppan Printing Co., Ltd. (TOPPAN) and Wrede Industrieholding GmbH & Co. KG (WREDE) to acquire 100% of Interprint GmbH (INTERPRINT) has been approved by the relevant antitrust authorities without conditions.
INTERPRINT will join TOPPAN`s existing décor printing activities in order to form a new platform with global reach offering surfacing solutions of outstanding value. Establishing this platform is an important step towards TOPPAN’s commitment to expand its global activities.
“Combining our forces, we will be able to expand our product portfolio, which will be delivered globally to our customers through our new platform. With our joint development capabilities, we will strive to provide even better surfacing solutions to our industry and beyond,” said Hideo Yoshikawa, who has been appointed as INTERPRINT’s CEO and Member of the Management Board effective November 1, 2019.
“We are convinced of the striking business logic of this transaction. The combination of two outstanding industry players will create a new, innovation-driven industry giant that will add value to customers worldwide,” emphasizes Michael Sindram, Managing Director of Wrede Industrieholding.
“We are pleased to hand over INTERPRINT to a strong and reliable partner. Together with TOPPAN, INTERPRINT is in an excellent position to reach the next level and continue the success story of the past fifty years,” said Thomas Wrede, Chairman of the Advisory Board.
The preceding press release was provided by a company unaffiliated with Wide-format Impressions. The views expressed within do not directly reflect the thoughts or opinions of the staff of Wide-format Impressions