LFP - Large-Format-Printing

Announcement on the establishment of subsidiary in Turkey: Mimaki Eurasia

Tuesday 26. April 2016 - Mimaki Europe B.V. represented by Managing Director Mimaki Europe, Mr.Koji Shimizu, is proud to announce the opening of the Mimaki Eurasia sales subsidiary. Mimaki Europe B.V. has received an official approval from the Istanbul local authority to establish a sales company in Istanbul, Turkey, and it has started its business operation as of 14th of April.

Mimaki has always seen the Eurasian market as an important region and has therefore decided to expand its activities with a full subsidiary in Istanbul, Turkey. Mimaki Eurasia will not only be offering direct technical support in this area, but will also be developing new sales activities. The textile market in this region has grown into a very strong sector in the past years. With the latest textile printing developments that Mimaki has introduced since the ITMA show in Milan, the company considers this a logical next step to develop its activities in this region even more.

Background

Mimaki Europe B.V. already established the Mimaki Istanbul Technical Centre in 2013 to strengthen the regional technical support and has been supplying technical training for the many distributors and dealers in Turkey and surrounding countries. Turkey, with over 70 million people, is one of the leading textile countries in the world. The new Mimaki base in Istanbul enables the company to have a more active sales operations in the region and thus increase the Mimaki market share.

Company outline of the sub-subsidiary

Company name

M?MAK? EURAS?A D?J?TAL BASKI TEKNOLOJ?LER? PAZARLAMA VE T?CARET L?M?TED ??RKET?

Representative

Koji Shimizu

Address

?ehit Cengiz Karc?o?lu Sokak No 2 Gülbahar Cad. Evren Mah. Güne?li, Ba?c?lar, ?stanbul Türkiye

*Same as the current Mimaki Istanbul technical support centre

Established on

14th April 2016

Business description

Sales and technical service of inkjet printers, cutting plotters and related consumable items (inks, etc.)

Capital

1,600,000 Turkish Lira

Shareholder

Mimaki Europe B.V. 100%

Employees

6 (projected)

Mimaki Europe B.V. company outline

Capital

500,000 Euro (Shareholder: Mimaki Engineering 100?)

Established

April 2004

Business description

Sales and technical service of inkjet printers, cutting plotters and related consumable items (inks, etc.)

Address

Stammerdijk 7E,1112 AA Diemen, The Netherlands

Representatives

Sakae Sagane*

Koji Shimizu

Employees

80 (As of March 2016. This number includes the 6 employees in the Mimaki Istanbul office)

*Sakae Sagane is Executive Vice President of Mimaki Engineering Co., Ltd.