Nissha Europe GmbH has acquired Schuster and Back Stickers
Nissha Europe GmbH, a wholly owned subsidiary of Nissha Printing Co., Ltd., has acquired Schuster Kunststofftechnik GmbH (Schuster) and Back Stickers GmbH to further diversify its business and establish a basis for sustained sales growth and profitability. Financial details have not been disclosed.
Nissha Europe GmbH is a leading printing company based in Japan with offices and factories worldwide. The company provides decoration technology solutions such as heat transfer foil, insert film, and 3D dye sublimation. Nissha's in-mold decoration (IMD) technology is particularly well known within the plastic molding industry for its competitive and world-class resulting finished decoration parts.mainly for the consumer electronics, automotive interior and cosmetic industries. This acquisition provides Nissha with the opportunity to merge new technologies into its core printing technologies and expand its business portfolio into global growth markets.
Schuster, located in Thuringian Waltershausen, is engaged in the manufacturing and sale of automotive plastic molded components and assemblies for interior and exterior applications. Schuster has an extensive background in conventionally molded components, designing, developing, producing and assembling products. Back Stickers is engaged in the manufacturing and sale of decorative films used for the automotive interior and exterior applications. This transaction will offer Schuster and Back Stickers access to global markets and production capabilities.
Oaklins' team in Germany advised Nissha Printing Co., Ltd. on the course of a buy-side mandate regarding its expansion plans in Europe.
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