Konica Minolta, Inc. acquired additional 30.3% stake in M.G.I. France Société Anonyme from family.
April 03, 2016
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Konica Minolta, Inc. (TSE:4902) signed an agreement to acquire additional 30.3% stake in M.G.I. France Société Anonyme (ENXTPA:ALMDG) from family on April 1, 2016. As part of transaction, Konica Minolta acquired 1.66 million shares in M.G.I. France. Konica Minolta now owns 40.8% stake in M.G.I. France. BNP Paribas and Bryan Garnier acted as financial advisors to the shareholders of M.G.I. France. Deloitte acted as accountant to Konica. Christophe Le Bon and Delphine Gilles of TAJ and Olivier Josset, Xavier Lemarechal, Isabelle Juliard Feyeux, David Guiet and Magali Zambenedetti of Fidal acted as legal advisor to Konica Minolta, Inc. Jean-Louis Lasseri, Anne Ducros and Emmanuelle Sorine of Marvell, TAJ acted as legal advisor to M.G.I. Philippe Patricot, Marc Goudemand and Marc-Antoine Serfaty of Bryan Garnier & Co. GmbH acted as financial advisor to M.G.I.
Konica Minolta, Inc. (TSE:4902) completed the acquisition of additional 30.3% stake in M.G.I. France Société Anonyme (ENXTPA:ALMDG) from family on April 4, 2016.
Konica Minolta, Inc. specializes in the design, manufacturing and marketing of printing, photography, medical imaging and measuring equipments. Net sales break down by family of products as follows:
- office equipments (51.1%);
- professional printing equipment (21.4%): laser printer, consumables, multifunctional peripherals, etc.;
- electronic and optical equipments (15.3%): plastic and molded glass lenses, display components, screen, memory units, etc.;
- medical equipments (12.1%): primarily imagery and graphic equipments and measuring equipments;
- other (0.2%).
Net sales break down geographically as follows: Japan (19.5%), China (10.5%), Asia (9.4%), Europe (28.6%), the United States (25.3%) and other (6.7%).
KONICA MINOLTA, INC. 
