MGI Digital Technology Société Anonyme announced that it expects to receive €13.7 million in funding from Konica Minolta, Inc.
January 19, 2014
Share
MGI Digital Graphic Technology SA (ENXTPA:ALMDG) announced a private placement of shares for gross proceeds of €13,700,000 with new investor, Konica Minolta, Inc. on January 20, 2014. The investor will acquire 10% stake in the company. The transaction will happen through a reserved capital increase.
On the same date, the company announced that an agreement has been signed by the investor.
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. 
