RICOH has announced that they have reached an agreement to buy LAC Corporation (hereafter “LAC”), a company with unique inkjet technology that supports printing on three-dimensional surfaces, such as on the sides of cars, trucks, aircraft and even tyres and glass bottles. This acquisition is aimed at strengthening RICOH’s industrial printing business, which is one of its three growth strategies. Founded in 1983, LAC has unique technology that can discharge high-viscosity ink from a maximum of 100mm, enabling printing directly onto three dimensional objects. Using its technology, LAC develops, manufactures, sells, and supports industrial printing systems for cars, liquefied petroleum gas cylinders, and much more.
RICOH has been strengthening its “display printing” capabilities for paper and beyond paper, and “applied printing,” which combines processes and materials to create new customer value. The investment in LAC is part of the company’s Growth Strategy Plan, and one of a series of strategic investments being made by RICOH. By combining LAC’s proprietary inkjet technology and RICOH’s technologies such as imaging systems and manufacturing, RICOH will create new value for its customers.
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