Ricoh’s growth strategy plan

Ricoh to acquire ColorGATE Digital Output Solutions GmbH

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Ricoh

Ricoh has reached an agreement to buy ColorGATE Digital Output Solutions GmbH to strengthen its growing industrial printing business. ColorGATE is a leading software provider in the printing industry with a specific competence in color management. The transfer of shares is scheduled to complete on 30 November 2018.

Founded in 1997, ColorGATE based in Hannover, Germany, has been supporting the printing industry for over 20 years by providing software for the wide format and industrial printing sectors. With its extensive customer base ColorGATE is the European leader in industrial printing software. It has unique color management technology to support printing and decorating a wide variety of materials used for packaging, floor and wall coverings as well as textiles and signage. It is a leading provider of performance-optimized color management and workflow software to standardize and automate growing digital print markets including décor and textiles.
The investment in ColorGATE is the latest part of growth strategy plan, ‘RICOH Ignite,’ which sets out its intention to reinforce its value offering by expanding its printing technology portfolio.

To enhance its industrial printing business, Ricoh recently established a ‘Global IP Technology Center’ and a ‘Global IP Marketing Center’. Significantly, both are located in Europe, which is increasingly becoming the center of incubation for industrial printing markets. This allows access to cutting-edge technology and enables increased responsiveness to market needs. The centers aim to drive marketing, strategic planning and development of business and products with Ricoh’s alliance partners worldwide.

Peter Williams, corporate vice president and general manager of Commercial and Industrial Printing Business Group, Ricoh, said, “By combining ColorGATE’s proprietary software technology with our own industrial printers, Ricoh will provide solutions covering the whole printing workflow from prepress to postpress. This acquisition will enable ColorGATE to expand its industrial printing business and global presence as together we become better able to support our customers to accelerate their transition from analogue to digital based production.”

According to Thomas Kirschner, co-founder of ColorGATE, “We are delighted to have been selected by Ricoh to contribute to this strong future growth strategy whilst we continue to serve our established customer base, OEM partners and reseller channel.” Kirschner will continue to serve as CEO after the acquisition.

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

– Naresh Khanna

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