Komori Corporation Completes Acquisition of MBO Group
Komori Corporation announced the completion of the acquisition of MBO Group, a global company based in Germany that specializes in the manufacture and sale of post-press equipment. MBO Group is now a wholly owned subsidiary of Komori under the new company name of MBO Postpress Solutions GmbH. Going forward, the companies plan to leverage their strong synergies to ensure the continuing success of both organizations and their customers.
Synergies between the two companies start with their singular focus on advancing print solutions for both offset and digital technology, but the synergy extends to a focus on customer excellence. The merger will allow Komori to provide solutions from start to finish. With the combined strength of both organizations, Komori’s market presence will be greatly expanded, allowing the company to extend its print solutions to a wider range of applications from the commercial, packaging and digital printing.
“This is a very exciting move for both companies,” said Ken Keyte, president, MBO America. “Komori Group and MBO Postpress Solutions will complement each other with technologies and networks required to build a strong sales organization throughout the world. Together we are positioned to be a complete solution provider for the printing industry.”
Since 2009, Komori has followed an aggressive strategy to be a true solution provider to the industry to better support customers in achieving a higher level of productivity—and it has paid off. The nearly 100-year old company now markets a host of peripheral equipment product lines to support the efficiency and continued improvement in the pressroom. MBO’s high-precision, high-productivity post-press equipment portfolio fits well with this strategy. As an example, plans are to couple two core products from both companies: MBO’s real-time data solution, Data Manager 4.0, and Komori’s IoT-based cloud solution, KP-Connect to seamlessly connect and report job data flow and feedback mechanisms for job status, waste and overall efficiencies of all devices.
“We are very excited about the completion of this acquisition. We see it as a testament to Komori’s commitment to the printing industry,” said Mark Milbourn, executive vice president, sales and service, Komori America. “Despite the uncharted waters we are experiencing right now, Komori is making a bold step to continue to be a valuable solutions provider to our customers and support them now and in the future in achieving productivity improvement throughout the printing and finishing processes.”
The preceding press release was provided by a company unaffiliated with Packaging Impressions. The views expressed within do not directly reflect the thoughts or opinions of the staff of Packaging Impressions.