Ricoh Set to Enter Garment-Printing Market with AnaJet Acquisition
Ricoh Company of Tokyo reports that it’s reached an agreement to purchase AnaJet, which markets garment printers, textile inks, and related software, for an undisclosed sum. Ricoh says the acquisition is its latest strategic investment to strengthen its industrial inkjet-printing business. AnaJet will become a wholly owned subsidiary of Ricoh Printing Systems America, Inc.
Founded in 2006, AnaJet was one of the first companies in the world to mass produce DTG printers. The majority of AnaJet printers available today use Ricoh’s ink-jet print-heads. AnaJet will continue to operate under its current name, management team, and capabilities, which currently include more than 50 employees. The firm is headquartered in Costa Mesa, California. According to Anajet, the apparel-printing industry is estimated to be worth $6.9 billion in production in the United States alone.
Ricoh notes that while it has focused on office- and commercial-printing, it says that the addition of the AnaJet portfolio will help further its position in the industrial inkjet-printing market, a market where Ricoh says it maintains global leadership in inkjet print-head development. It says AnaJet’s solutions, combined with Ricoh’s portfolio, will enable customers to have the ability to more effectively deliver a broader solution set to their end-users. The acquisition follows Ricoh’s acquisition of Mimaki and its flatbed printers in April 2015 (see story here).
“Ricoh has a long history of successful, strategic acquisitions that have helped our customers and partners around the world find new, effective ways to better serve their end users,” commented Junichi Matsuno, general manager of Ricoh Company’s Inkjet Business Division. “With the addition of AnaJet, our collective customers benefit from a larger support team, added innovation and access to a services-led portfolio of solutions to ultimately help them grow their business. AnaJet already possesses a proven reputation as a leader in DTG printing and as such, it is a great complement to Ricoh’s broad portfolio.”
“At AnaJet, we have led the industry in establishing the trend of direct to garment printing,” said Karl Tipre, CEO of AnaJet. “Today we are very pleased to announce that this acquisition will provide our expanding customer base with the services of yet another global leader in Ricoh. We are extremely excited for what lies ahead for the AnaJet brand and our customers.”
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