Toppan Printing, a provider of integrated solutions for printing, communications, security, packaging, décor and electronics, has acquired the international décor printer, Interprint. The agreement between Toppan Printing (Toppan) and Wrede Industrieholding GmbH & Co. KG (WREDE) to acquire Interprint GmbH has been approved by the relevant antitrust authorities without conditions.
After receiving approval from antitrust authorities, the acquisition of the Germany-based Interprint group has been consummated. ‘Interprint – a Toppan company’ will be the new brand for combined global décor printing activities.
Interprint will join Toppan’s existing décor printing activities to form a new platform with global reach offering surfacing solutions. Establishing this platform is an important step towards Toppan’s commitment to expanding 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 chief executive officer and member of the Management Board, effective 1 November 2019.
“We are convinced of the striking business logic of this transaction. The combination of two industry players will create a new, innovation-driven industry giant that will add value to customers worldwide,” said 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.