Primus advised Mimaki Engineering on the acquisition of part of the business from UAB Veika29.03.2017
Primus assisted Mimaki Engineering, a leading Japanese manufacturer of wide-format inkjet printers and cutting machines, on the acquisition of manufacturing and distribution of Ecosolvent ink "Eco Balance" and distribution business of digital printing PVC wallpaper "Decojet's” from Lithuanian company UAB Veika. The deal was closed in March 2017.
Mimaki Engineering Co. Ltd. is the digital printing technology giant. Mimaki Engineering Co. Ltd. is publicly listed on Tokyo Stock Exchange.
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. Its product application field is the wall-covering industry, as well as wide format digital printing.
Primus advised Mimaki Engineering throughout the process of acquisition, including negotiations, due diligence and advice on all related aspects as well as incorporation of local subsidiary, migration matters, etc.
Primus legal team advising and representing the client was led by Partner Giedrė Dailidėnaitė.