Komori Corporation (Sumida-ku, Tokyo, Japan; Representative Director, President and CEO: Satoshi Mochida) has announced that Komori Chambon S.A.S. (“KCM”), subsidiary in France, has completed the acquisition of 100% of the share capital of CPS Canadian Primoflex Systems Inc (“CPS”).
Thanks to its expertise in flexographic printing systems, CPS serves diverse industries including paperboard packaging, lottery tickets printing and pharmaceuticals.CPS’s well-established position will strengthen KCM presence in North American while expanding its global technological capabilities.
This acquisition represents a transformation in the converting industry,” said Laurent Bince, CEO of KCM. By bringing together KCM’s established excellence in web-fed offset and gravure printing with CPS’s advanced flexographic technology, we’re creating unprecedented value for our customers. Our ability to serve every aspect of paperboard converting needs, including printing, cutting, tooling, and delivery, set us apart globally and in North America.
Joining KCM opens exciting new possibilities for our customers and employees,” said Mark Friedrich, former owner and now COO of CPS. “Our long-time customers will have access to unprecedented resources and support through KCM, and its customers will have access to our advanced flexographic printing equipment.
This strategic move represents KCM’s second North American acquisition in 2024, after Bernal. LLC, a world leader in the manufacture of rotary die tools. It establishes KCM as the world’s only comprehensive solution provider for paperboard converting operations. “This strategic combination advances Komori Corporation’s global leadership in printing and converting solutions,” said Eiji Kajita, Global Head of Packaging Solutions of Komori Corporation.
“Komori Corporation has a robust vision to enhance its commitment in the packaging industry worldwide, and especially in North America. This acquisition is totally in line with our strategy and will help us achieve our goal.”