Konica Minolta, Inc. completed the acquisition of 23% stake in REALM IDx, Inc. from INCJ, Ltd. for approximately $220 million.
January 09, 2024
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Konica Minolta, Inc. (TSE:4902) agreed to acquire an additional 23% stake in REALM IDx, Inc. from INCJ, Ltd. for $220 million on July 3, 2023. Konica Minolta's ownership percentage in REALM IDx, Inc. will increase to 98.6% upon completion of the share acquisition.
Konica Minolta, Inc. (TSE:4902) completed the acquisition of 23% stake in REALM IDx, Inc. from INCJ, Ltd. for approximately $220 million on January 10, 2024.
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%).