Komori Corporation has signed a basic agreement with the Germany-based MBO Group, specializing in post-press equipment, regarding the acquisition of full equity stake with the aim of making it its subsidiary.
Although Komori has developed the offset printing press business as its core operation, it is currently transforming to expand its offering. Since 2009 the company has been focusing on developing the Print Engineering Service Provider (PESP) and launched the marketing of paper cutters, die cutters, blanking machines, pile turning machines and other post-press equipment that supports package printing.
The MBO Group has operated in this field for more than a half century and today operates plants in two locations in Germany (Oppenweiler in southern Germany and Bielefeld in central Germany) as well as in Portugal. It also operates local subsidiaries in the United States, France and China while maintaining collaboration with a variety of sales partners in countries around the globe.
Additionally, Herzog+Heymann, a subsidiary of the MBO Group, provides machinery designed to perform a complex folding process that handles thin paper and requires specialized technology unmatched by competitors. In recent years, the MBO Group also launched collaboration with robot makers, resulting in the creation of labor-saving systems as part of its product lineup.
Through the acquisition of the MBO Group, Komori expects to be able to market unique products that will support its PESP business and introduce new post-press technologies for commercial printing. When coupled with IoT-based cloud solutions, KP-Connect that Komori is promoting on a global basis, the MBO Group’s products will also help provide customers with even more seamless printing production systems that include post-press processing. Komori is also looking to develop new solutions through the combination of the MBO Group’s technologies and Komori’s DPS, offset printing presses and other key products.