Komori Corporation (Sumida-ku, Tokyo, Japan;
Representative Director, President and CEO: Satoshi Mochida) has announced
that Komori Chambon S.A.S. ("KCM"),
subsidiary in France, has completed the
acquisition of 100% of the share capital of CPS Canadian Primoflex Systems Inc ("CPS").
CPS is a leading innovator in flexographic
printing press technology, headquartered in Cambridge, Ontario, Canada.
Thanks to its expertise in flexographic
printing systems, CPS serves diverse industries including paperboard packaging,
lottery tickets printing and pharmaceuticals.
CPS’s well-established position will
strengthen KCM presence in North American while expanding its global
technological capabilities.
"This acquisition represents a
transformation in the converting industry," said Laurent Bince, CEO of KCM.
"By bringing together KCM's established excellence in web-fed offset and
gravure printing with CPS's advanced flexographic technology, we're creating
unprecedented value for our customers. Our ability to serve every aspect of
paperboard converting needs, including printing, cutting, tooling, and
delivery, set us apart globally and in North America."
"Joining KCM opens exciting new
possibilities for our customers and employees," said Mark Friedrich,
former owner and now COO of CPS. “Our long-time customers will have access to
unprecedented resources and support through KCM, and its customers will have
access to our advanced flexographic printing equipment.”
This strategic move represents KCM's second
North American acquisition in 2024, after Bernal. LLC, a world leader in the
manufacture of rotary die tools. It establishes KCM as the world's only
comprehensive solution provider for paperboard converting operations.
"This strategic combination advances
Komori Corporation's global leadership in printing and converting
solutions," said Eiji Kajita, Global Head of Packaging Solutions of Komori
Corporation. “Komori Corporation has a robust vision to enhance its commitment
in the packaging industry worldwide, and especially in North America. This
acquisition is totally in line with our strategy and will help us achieve our
goal.”
The acquisition positions KCM to capitalize on the rapidly expanding paperboard packaging market, driven by increasing demand for sustainable packaging solutions. The combined company will serve diverse sectors including:
- Paperboard packaging
- Liquid packaging
- Tobacco packaging
- Pharmaceuticals
- Specialty applications including lottery tickets and security printing
Transaction Details
- KCM acquired 100% of CPS stocks
- Closing date of the transaction: 17th of January 2025
- Following the transaction, CPS will be rebranded as Komori Primoflex Systems (KPS)
About CPS
Canadian Primoflex Systems, located in Cambridge, Ontario (Canada) is a world leader in advanced flexographic printing solutions with installation in Asia, Europe, and North America. CPS has served diverse industries including paperboard packaging, lottery ticket printing, pharmaceuticals, and commercial printing.
About Komori Chambon Group
Komori Chambon Group,
a wholly owned subsidiary of Komori Corporation (NKE: 6349.T), headquartered in
Orléans (France) is a group of industrial and printing solutions companies
operating globally.
Komori Chambon Group’s
companies are leader in printing machines, converting machines and rotary die
cutting solutions. Their customers include leading players in Packaging,
Consumer goods, Pharmaceuticals and Tobacco.
Communication
contact
marlene.assimon@komori-chambon.fr
