Kokusai Pulp & Paper acquires Chugai Photo & Chemical Group
Kokusai Pulp & Paper, a Japanese paper wholesaler under KPP Group Holdings, has acquired all shares in Chugai Photo & Chemical Co., Ltd. and six other Chugai Group companies. The acquisition brings Chugai's inkjet media, large-format printer, ink and photographic chemicals business into Kokusai's visual communication unit, along with Chugai's 50% stake in Ilford Imaging Europe GmbH. Financial terms were not disclosed.
Why this mattersThe deal broadens a paper distributor's reach into visual communication and photographic media, consolidating procurement and customer scale in that adjacent segment.
- Kokusai Pulp & Paper acquires all shares in Chugai Photo & Chemical Co., Ltd. and six other group companies
- The deal expands Kokusai Pulp & Paper's visual communication business within its Northeast Asia (Japan) segment
- Chugai Group distributes inkjet media, large-format printers, inks and printing media, and manufactures photographic chemicals
- Chugai Group holds a 50% equity interest in Ilford Imaging Europe GmbH, owner of the Ilford photography trademark
- Gleiss Lutz advised Kokusai Pulp & Paper on the German aspects of the transaction, led by partners Michael Burian and Torsten Spiegel
- Deal value was not disclosed
Sources
gleisslutz.com