GenesisNews

Ryobi & Mitsubishi Announce Business Alliance

In Offset Presses on June 21, 2013 at 8:50 am

Official UK Ryobi distributor Apex Digital Graphics, Hemel Hempstead, has provided details on news announced jointly by Japanese press manufacturers Ryobi and Mitsubishi regarding future hardware production and distribution.

Ryobi's 760E in four-colour configuration

In a joint release from the Japanese suppliers dated June 20th Mitsubishi Heavy Industries Printing & Packaging Machinery, Ltd (MHI-PPM) and Ryobi Limited confirmed the signing of a shareholder agreement on the establishment of a joint venture and implementation of business integration in the field of sheet-fed offset printing presses.

In the plan for the joint venture, the companies anticipate the creation of a new corporation, Ryobi MHI Graphic Technology Ltd, with operations commencing on January 1st, 2014. The ownership of this new business will be Ryobi 60% and MHI-PPM 40%. It will be headquartered in Hiroshima, Japan.

Details of the plan for the worldwide sales and service structure will differ on a country-by-country basis, and are still under consideration with plans yet to be finalised.

“Ryobi has informed us that there is no intention to change its current sales and service structure in the UK for the foreseeable future,” confirmed Bob Usher, Managing Director of Apex Digital Graphics. “Customers can be assured that the Apex team are on-hand to maintain and repair Ryobi printing equipment, and will continue to be so. Sales of the Ryobi press range will also continue without change.”

Ryobi confirms that careful consideration will be given prior to announcing any details regarding a new sales and service structure for the new business in each territory, with formal announcements to be made in due course.

About Apex Digital Graphics 

Apex Digital Graphics Limited is a specialist in the supply and service of pre-press and press equipment. Apex is the official UK distributor for the Ryobi range of printing presses and ECRM polyester platesetters. Apex also distributes the Screen range of thermal and violet platesetters, and the Konica Minolta range of digital printing equipment. The company offers national service coverage, and a one-stop shop for print consumables featuring next day delivery. Apex Digital Graphics can be contacted on 01442 235 236 or via the www.apexdigital.co.uk web site.

ENDS

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