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Primus and Glimstedt Advise on Mimaki Engineering Acquisition from UAB Veika

Primus and Glimstedt Advise on Mimaki Engineering Acquisition from UAB Veika

Lithuania
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Primus has assisted Mimaki Engineering, a Japanese manufacturer of wide-format inkjet printers and cutting machines, on the acquisition of manufacturing and distribution of the Eco Balance ecosolvent ink and the distribution business of the Decojet digital printing PVC wallpaper from Lithuanian company UAB Veika. The sellers were represented by Glimstedt on the deal, which closed in March 2017. 

Primus describes Mimaki Engineering Co., which is listed on the Tokyo Stock Exchange, as "the digital printing technology giant,” and reports that UAB Veika "is a producer of water and solvent-based printing inks and coatings for screen, gravure and flexo as well as for inkjet printing.” According to Primus, Veika’s "product application field is the wall-covering industry, as well as wide format digital printing."

Primus’s team was led by Partner Giedre Dailidenaite.

Glimstedt’s team included Associate Partner Ausra Maliauskaite-Embrekte and Senior Associate Audrius Zvybas.

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