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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

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