Home / Knowledge / News / Textiles / Mimaki acquires Italian digital textile devices maker
Mimaki acquires Italian digital textile devices maker
12
Jan '16
Digital textile printer manufacturer Mimaki has concluded an agreement to purchase La Meccanica Costruzione Tessili, an Italian manufacturer of devices for digital textile printing.

The deal is expected to be concluded before March 2016 and Mimaki aims to expand its market share in the European textile and apparel market through the acquisition.

According to a Mimaki press release, talks with La Meccanica originated July last year, when an Italian sales agent introduced Mimaki to La Meccanica.

“We are aiming to acquire the manufacturing know how of digital print devices and brand power to give a boost to our existing products, and improve our competitiveness in the textile inkjet printer industry,” the company said.

Mimaki is a manufacturer of wide-format inkjet printers and cutting machines for the sign graphics, industrial product and textile & apparel markets.

The company develops the complete product range like hardware, software and the associated consumable items, such as inks and cutting blades.

It particularly specialises in offering innovative, high quality and high reliability products, based upon its aqueous, solvent, UV-curable and textile inkjet technology.

In order to meet a wide range of applications in the market, Mimaki pursues the development of advanced on-demand digital printing solutions. (AR)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search