Toppan Printing : Strengthens Décor Materials Business in Europe
November 01, 2017 at 08:30 pm EDT
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■ About Toppan Printing's Décor Materials Business
Toppan Printing entered the décor material printing business in 1956, developing and selling a range of decorative surfacing materials for furniture, fixtures, flooring, and more. The company began to open sales bases overseas in 1971 to expand business globally, primarily in the U.S., Europe, and Asia. A décor material printing plant was established in the U.S. in 1988 to further strengthen manufacturing and sales capabilities in overseas markets. Based on its unique set of 'printing technologies,' Toppan Printing contributes to the creation of décor material products and spaces with superior design and functionality.
■ Overview of the acquisition
Name of target company
DECOTEC PRINTING, S.A.U.
Location
Tordera, Barcelona, Spain
Managing Director
Juan Carlos Benito
Business
Manufacturing and sales of décor paper for melamine laminates and laminate flooring.
Capitalization
€1.18 million (approx. ¥134 million)
Date of stock acquisition
September 14, 2017
Percentage of stock acquired
60%
* The names of companies, products and services featured in this press release are the trademarks or registered trademarks of the respective companies.
* The information in this press release is current as of the date of publication and is subject to change without notice.
Toppan Printing Co. Ltd. published this content on 02 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 November 2017 00:29:08 UTC.
Original documenthttp://www.toppan.co.jp/en/news/2017/11/newsrelease171102.html
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Toppan Inc. (formerly Toppan Printing Co., Ltd.) specializes in printing services. Net sales break down by activity as follows:
- information and communication media printing (57.6%): smart cards, identity authentication systems, commercial forms, labels, booklets, manuals, lottery tickets, brochures, calendars, books, dictionaries, magazines, catalogs, etc.;
- packaging and industrial materials printing (28.2%): food packaging, card boxes, papers, interior decoration materials, etc.;
- manufacturing of electronic materials (14.2%): semiconductors, filters and antireflection for screens films, etc.
Net sales are distributed geographically as follows: Japan (72.1%), Asia (15.9%) and other (12%).