ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Konica Minolta eyes packaging market with share buy

An MGI embossing machine

TOKYO -- Konica Minolta will enter the market for label and packaging printers by lifting investment in a French affiliate, targeting a new source of revenue as the rise of the paperless office dulls demand for its mainstay products.

     The Japanese maker of printers and other office technology will pay around 10 billion yen ($89.9 million) for an additional 30.5% stake in France's MGI Digital Graphic Technology, making it the largest shareholder with a 40.5% interest. Konica Minolta acquired the first 10% in 2014.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more