MGI Digital Graphic Technology has reached an agreement whereby Konica Minolta will acquire a 10% stake in MGI through a reserved capital increase.
MGI, based in France and the US, is a manufacturer of digital presses and a complete line of versatile finishing solutions. The 10% stake acquired by Konica Minolta is valued at €13.7m ($18.9m).
Edmond Abergel, chief executive and chairman of MGI, said: “We are very happy and proud that Konica Minolta recognizes our accomplishments and our unique capacity to innovate. This strategic alliance will be the basis for the development of tomorrow’s innovative digital solutions.”
This investment will be dedicated…
