TOPPAN PRINTING acquires 100% of the shares of the leading international decor printer INTERPRINT

TOPPAN PRINTING acquires 100% of the shares of the leading international décor printer INTERPRINT to further strengthen its global expansion strategy.

INTERPRINT, with its worldwide presence and industry-leading design expertise, becomes part of the TOPPAN Group. Together with the acquisition of Decotec Printing (Spain) in 2017, TOPPAN can further strengthen its position as the world's leading supplier to the printing industry.

(Tokyo, Japan / Arnsberg, Germany - June 24, 2019.) TOPPAN Printing Co., Ltd. (TOPPAN) has signed an agreement with Wrede Industrieholding GmbH & Co. KG (WREDE) to acquire 100% of the shares of INTERPRINT GmbH (INTERPRINT). The transaction is expected to close by the end of 2019, once the merger control proceedings have been completed.

TOPPAN, based in Tokyo, Japan, strengthens its leading position in the global printing industry with the acquisition of INTERPRINT. TOPPAN has set itself the goal of expanding its activities outside Japan and achieving an international share of 30%. Together with Decotec Printing S.A. and Toppan Interamerica Inc., acquired in 2017, the transaction accelerates the international expansion strategy in the decorative printing market.

"Together, we are confident that we will be able to deliver outstanding value to the industry worldwide," said Norio Yamanaka, Director & Managing Executive Officer of the TOPPAN Environmental Design Subdivision.

"We are delighted with INTERPRINT's leading design expertise and exceptional and long-standing customer relationships. These form the basis for our future growth not only in Europe but also in the rest of the world," said Hideo Yoshikawa, CEO of TOPPAN Europe GmbH.

INTERPRINT becomes part of the TOPPAN Group. The established INTERPRINT brand name will be retained and will serve as a platform for TOPPAN's decor printing activities outside Japan.

"Over the past 50 years, INTERPRINT has been an outstanding economic success story, also thanks to the entrepreneurial spirit of its management team. Our decision for TOPPAN as strategic buyer is a signal to all employees and customers worldwide that INTERPRINT will remain a reliable partner in the future", said Michael Sindram, Managing Director of Wrede Industrieholding.

"We are delighted that we have achieved our most important goal of finding a financially strong and reliable new shareholder for INTERPRINT. I am convinced that INTERPRINT, with TOPPAN at its side, is very well positioned to continue its successful international growth course," said Thomas Wrede, Chairman of the Advisory Board.

TOPPAN Printing Co., Ltd. based in Tokyo, Japan, was founded in 1900 and is a leading international provider of integrated solutions in printing, communications, security, packaging, decorative materials and electronics. TOPPAN's global team of more than 50,000 employees provides customers from all industries and sectors with optimal solutions based on industry-leading expertise and technology to address the diverse challenges facing businesses and society in today's rapidly changing world. With a worldwide annual turnover of 1,465 billion yen (approx. 12 billion EUR), TOPPAN is listed on the Tokyo Stock Exchange (TYO: 7911) and part of the Nikkei 225 stock index.

Further information can be found at www.toppan.com/en or follow TOPPAN on LinkedIn www.linkedin.com/company/toppan-printing/

WREDE Industrieholding GmbH & Co. KG, based in Arnsberg, Germany, bundles the industrial activities of the Wrede family of entrepreneurs. Since its foundation in 1880, the Wrede Group has undergone constant change and successfully adapted to new circumstances several times. With over 2,000 employees worldwide and ten production sites, the group achieved a turnover of around EUR 500 million. Since 2014, the group has been 100% owned by the Wrede Foundation.
Further information can be found at www.wrede.de

INTERPRINT GmbH, based in Arnsberg, Germany, was founded in 1969 and is one of the world's leading decor printers with 1,300 employees and eight production sites in Germany, USA, Malaysia, Poland, China, Russia and Brazil. In 2018, the INTERPRINT Group generated sales of around EUR 350 million and supplied the furniture and flooring industry with more than 1.1 billion square meters of innovative surface solutions.
Further information can be found at www.interprint.de

In connection with the transaction, Roland Berger acts as exclusive M&A advisor to Wrede Industrieholdung and Gleiss Lutz as legal advisor. Mitsubishi UFJ Morgan Stanley Securities acts as exclusive M&A advisor and Baker McKenzie as legal advisor to TOPPAN.

Contacts for further information:

Wrede Industrieholding GmbH & Co. KG
Michael Sindram
managing director
Phone +49 2932 630 400
sindram@wrede.de
www.wrede.de

Toppan Europe GmbH
Martijn Huisman
business director
Phone +49 211 732 76 00
martijn.huisman@toppan-europe.com
www.toppan.com/en

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