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INTERPRINT with its worldwide presence and industry-leading design capabilities is set to join the TOPPAN Group. Together with the acquisition of Decotec Printing (Spain) in 2017, it will further strengthen TOPPAN’s position as one of the global leaders in the printing industry.
Tokyo, Japan / Arnsberg, Germany – June 24, 2019. TOPPAN Printing Co., Ltd. (TOPPAN) has signed an agreement with Wrede Industrieholding GmbH & Co. KG (WREDE) to acquire 100% of INTERPRINT GmbH (INTERPRINT). It is expected that the transaction will be consummated by the end of 2019 as soon as merger control proceedings have been completed.
“With both companies together, we are confident that we will bring outstanding value to the industry globally,” said Norio Yamanaka, Director & Managing Executive Officer of TOPPAN’s Environmental Design Subdivision.
“We are excited about INTERPRINT’s benchmark décor design expertise as well as its exceptional and long-standing customer relationships. It will be the foundation for our future expansion not only in Europe, but also through the rest of the global market,” said Hideo Yoshikawa, CEO of Toppan Europe GmbH.
INTERPRINT will become a part of the TOPPAN Group. The well-established INTERPRINT brand name will be retained and serve as an umbrella for TOPPAN’s décor printing activities outside of Japan.
“Over the last 50 years, INTERPRINT has had an outstanding track record in business thanks to the entrepreneurial spirit of its management team. Our decision to choose TOPPAN as a strategic investor is a signal to all employees and customers worldwide that INTERPRINT will continue to be a trusted partner now and in the future,” said Michael Sindram, Managing Director of Wrede Industrieholding.
“We are pleased to have achieved our top priority of finding a financially strong and reliable new shareholder for INTERPRINT. I am convinced that with TOPPAN by its side, INTERPRINT is well-positioned to continue its success story of international expansion,” said Thomas Wrede, Chairman of the Advisory Board.
For more information, visit www.toppan.com/en or follow TOPPAN on LinkedIn www.linkedin.com/company/toppan-printing/.
WREDE Industrieholding GmbH & Co. KG, headquartered in Arnsberg, Germany, consolidates the industrial activities of the Wrede family of entrepreneurs. Since its establishment in 1880, the group of companies has been through many changes and successfully adapted to new conditions multiple times. With a global workforce of more than 2,000 employees at ten production plants, the group generates almost 500 million euros in revenue. Since 2014 the group has been a 100% subsidiary of the Wrede Foundation (Wrede Stiftung). For more information, visit www.wrede.de
INTERPRINT GmbH, headquartered in Arnsberg, Germany, was established in 1969 and is one of the world’s leading décor printers with 1,300 employees and 8 production sites in Germany, the United States, Poland, Malaysia, China, Russia and Brazil. In 2018, INTERPRINT group generated approx. 350 million euros in revenue, providing the furniture and flooring industries with more than 1.1 billion sqm of sustainable and innovative surfacing solutions. For more information, visit www.interprint.de
In connection with the acquisition, Mitsubishi UFJ Morgan Stanley Securities is acting as TOPPAN’s exclusive financial advisor and Baker & McKenzie is acting as legal counsel to TOPPAN. Roland Berger is acting as exclusive financial advisor and Gleiss Lutz is acting as legal counsel to Wrede Industrieholding.