LINTEC Corporation (LINTEC) in Japan has announced the formal completion of the acquisition of UK-based Lintec Graphic Films Ltd, having met all the conditions of the offer announced on 28 November 2016. The acquisition agreement involved the purchase and transfer of all shares of Lintec Graphic Films Ltd to LINTEC’s wholly owned European subsidiary, LINTEC Europe B.V. based in Amstelveen City, the Netherlands.
Lintec Graphic Films Ltd is a leading European supplier of specialist adhesive materials and films including LINTEC adhesive products for label, graphic, print and visual communication applications.
The purchase of Lintec Graphic Films Ltd by LINTEC will see the sharing of its European marketing and support services and the integration of its broad distribution network with LINTEC Europe B.V. to further accelerate and strengthen the growth and development of LINTEC’s customer base across Europe. Backed by the research and technical development capabilities of LINTEC Corporation, this acquisition will also ensure our existing and new customers have access to the very latest, market-leading products.
Commenting on the acquisition, Andy Voss, Managing Director of Lintec Graphic Films Ltd says, “This acquisition heralds the start of an exciting new phase in the development of the Lintec brand on the European stage. Having worked closely with LINTEC Corporation for a number of years, I am confident that our shared values, expertise and commitment to serving the market will enable us to explore and develop new opportunities for the future.”