Mimaki brings Italy’s La Meccanica under its umbrella

On October 18, Mimaki Europe announced that it had acquired all stock shares for Italy’s La Meccanica and converted it to a subsidiary company.

The company’s name has also been changed to Mimaki La Meccanica and three of Mimaki’s executives will be appointed as directors. Moving forward, Mimaki will leverage La Meccanica’s product and technological expertise to accelerate its efforts to promote digital on-demand production in the textile apparel market on a global scale.

 Kazuaki Ikeda, president, said: “We are pleased to bring La Meccanica’s talented people and advanced technology under the Mimaki umbrella.

“La Meccanica has a great reputation in the textile industry, and this acquisition bolsters Mimaki’s efforts to bring the digital transformation to textile printing. The acquisition of La Meccanica is not expected to have any significant impact on Mimaki’s consolidated performance for the current fiscal term, and thus, there will be no revisions to Mimaki’s earnings forecast as a result of this acquisition.”