News

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

www.komori-chambon.com

As we welcome the new year, I would like to extend my heartfelt greetings for the season. I deeply appreciate your support throughout the past year and sincerely wish you health and success in the year ahead.

Reflecting on 2024, amidst global economic fluctuations and technological advancements, Komori faced numerous challenges and realized significant accomplishments. In the printing industry, digital printing and sustainability continued to gain importance, as evidenced by the drupa 2024 international graphic arts show. Under the theme Connected Automation, Komori proposed automation and labor-saving systems, introducing the Lithrone GX/G advance EX Edition offset printing press and the J-throne 29 digital printing press that both garnered considerable attention.

Last year, we marked the 101st year since our founding as the First Year of Our Rebirth and launched a new medium-term management plan. We are committed to transforming our business and strengthening our management to achieve a sustainable corporate structure.

In our core business of offset printing, the development of environmentally conscious printing machines remains a key priority. In October of 2024, we renewed the Komori Graphic Technology Center (KGC) to embody our vision of a smart factory. We aim to enhance the efficiency of systems and automation equipment and, in collaboration with our alliance partners, contribute to the development of the printing industry as an open innovation hub that improves the overall productivity of our customers’ factories.

In the digital printing business, we are leveraging the technologies cultivated in the offset printing business to refine inkjet printing technologies and advance the mass production of the new J-throne 29 digital printing press. Additionally, we are promoting sales of the Impremia NS40, striving to create a market in the B1-size segment.

In the securities printing business, demand for currency printing is increasing alongside economic expansion in emerging countries, and the market for banknote printing machines remains stable. By offering specialized machines, we aim to acquire new customers, expand our market share, and pursue new security technologies to deliver safety, security, and trust.

In the Printed Electronics (PE) business, enhanced functionality in electronic substrates as well as decarbonization and automation of manufacturing processes continue to be in demand. We are advancing the development of technologies for fine-line printing and thin-film coating to reduce the environmental impact and improve productivity.

Komori’s corporate philosophy is the realization of Kando ‘beyond expectations.’ While navigating changes in the times and valuing the spirit of constant innovation, we will develop new technologies and products and provide prompt services. This year as well, we will strive toward transformation and challenge as one unified team. We kindly ask for your continued guidance and support throughout the year.