Konica Minolta, Inc. acquired unknown minority stake in MGI Digital Technology Société Anonyme.
October 01, 2020
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Konica Minolta, Inc. (TSE:4902) acquired unknown minority stake in MGI Digital Technology Société Anonyme (ENXTPA:ALMDG) on September 30, 2020. Post completion, Konica Minolta, Inc. hold 42.3% stake of MGI Digital Technology Société Anonyme.
Konica Minolta, Inc. (TSE:4902) completed the acquisition of unknown minority stake in MGI Digital Technology Société Anonyme (ENXTPA:ALMDG) on September 30, 2020.
Konica Minolta, Inc. specializes in the design, manufacturing and marketing of printing, photography, medical imaging and measuring equipments. Net sales break down by family of products as follows:
- office equipments (51.1%);
- professional printing equipment (21.4%): laser printer, consumables, multifunctional peripherals, etc.;
- electronic and optical equipments (15.3%): plastic and molded glass lenses, display components, screen, memory units, etc.;
- medical equipments (12.1%): primarily imagery and graphic equipments and measuring equipments;
- other (0.2%).
Net sales break down geographically as follows: Japan (19.5%), China (10.5%), Asia (9.4%), Europe (28.6%), the United States (25.3%) and other (6.7%).