Mimaki Completes La Meccanica Acquisition

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Mimaki has acquired La Meccanica Costruzione Tessili. The Italian textile printer manufacturer is now a subsidiary of Mimaki, the name having been changed to Mimaki La Meccanica. Three Mimaki executives will be appointed as directors.

In a statement, Mimaki said it would 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.

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

He added, ‘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.’

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