Printwear & Promotion The Total Promotional Package
Brother has parted with roughly £170 million as it completes its acquisition of Mutoh.
The companies shook hands officially completing the tender offer on March 23, after it was initially proposed back in February.
The settlement then began on March 30, with the Japanese-based company swiftly working to make Mutoh a subsidiary company.
Brother now holds a majority (~88%) stake in the large-format printer manufacturer, having purchased 4,589,644 shares.
Though it hasn’t fully integrated the business, Brother will look to squeeze-out the remaining shares in the future to take full control.
Mutoh will continue operating under its existing structure in the short term, but integration is expected as Brother looks to streamline operations and maximise efficiencies.
Mutoh is known for its large-format inkjet printers used in signage, textiles and promotional graphics. By bringing Mutoh into the group, Brother gains access to established technology, products and a global customer base in professional print.
Mutoh is known for its large-format inkjet printers used in signage, textiles and promotional graphics. By bringing Mutoh into the group, Brother gains access to established technology, products and a global customer base in professional print.
Brother says the acquisition supports its long-term strategy to expand into higher-growth industrial printing markets. The company expects synergies through shared R&D, manufacturing and distribution, which could accelerate product development and improve global reach.
While financial impacts will take time to materialise, the move signals Brother’s intent to become a stronger player in industrial and textile printing – an increasingly important segment for the printwear and promotional products market.
