Industry News, Mergers and Acquisitions, Suppliers News

MGI, Konica Minolta Enter into Strategic Alliance

Konica Minolta, Inc. acquires minority stake in MGI Digital Graphic Technology

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Konica Minolta, Inc. and MGI Digital Graphic Technology (MGI) announced that they have reached an agreement whereby Konica Minolta, Inc. will acquire a 10% stake in MGI, valued at €13.7 million, through a reserved capital increase. This investment will be dedicated to drive future growth, and is part of a common long term vision to establish a stronger presence in the professional digital printing market.   Building on a strong relationship that has lasted over a decade, the two business partn...

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