Two Acquisitions in One Day

Ricoh company of Tokyo, Japan, has announced that it will be acquiring two companies for undisclosed sums. One is LAC Corporation, of Tokyo, Japan, the other one is MakeLeaps, Inc. also of Tokyo, Japan.

Ricoh claimed that it’s reached an agreement to buy LAC Corporation, a company that it says provides a unique inkjet-printing technology that supports printing on three-dimensional surfaces, such as on the sides of cars, trucks, aircraft and even one tires and glass bottles. This acquisition is aimed at strengthening Ricoh’s industrial printing business, which is one of Ricoh’s three growth strategies. The transfer of the shares is scheduled to complete on October 31, 2018.

The investment in LAC is part of Ricoh’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 says it’s creating new value for its customers. In addition, Ricoh is planning to expand LAC’s offerings into new overseas markets, using Ricoh’s global network.

MakeLeaps is a provider of cloud-based billing management software. The acquisition of MakeLeaps is one of a series of strategic investments as set out in Ricoh’s Growth Strategy Plan. Ricoh will digitize and improve its customer’s workflows by combining MakeLeaps’ software with Ricoh copier/MFPs, as well as with other venders’ systems, such as customer-management systems, accounting systems, sales-management systems, etc.

More at: wirthconsulting.org/