Komori Corporation to Acquire Stake in Germany-based MBO Group,
Komori Corporationhas signed a basic agreement with the MBO Group, a global company based in Germany that specializes in the manufacture and sale of post-press equipment, regarding the acquisition of a 100% equity stake with plans to make it a Komori subsidiary.
Since its founding in 1923, Komori has been engaged in the manufacture and sale of offset printing presses. Although Komori has developed the offset printing press business as its core operation, it is currently pushing ahead with transforming its business structure under the Sixth Medium-Term Management Plan (April 2019–March 2024) in line with the plan’s key strategy aimed at expanding Komori’s range of marketing.