Transition from analog printing to digital printing drove coding and marking printer Domino to partner with a stronger company
Domino valued at 1.03 billion pounds (US$ 1.5 billion)
97% of today’s printing is analog, however there is a transition now to digital printing. Domino Printing Sciences is specialized on analog printing and now transitioning to digital printing, and needed a financially stronger partner to support increasing R&D costs and to finance expansion into the rapidly growing digital printing markets.
Brother Industries announced its intention to acquire publicly traded Domino Printing Sciences plc following the acquisition process prescribed in the UK for a total of around 1.03 billion pounds.
Domino Printing Sciences plc. “Domino. Do more.”
Domino Printing Sciences plc was founded as a spin-out from Cambridge Consultants in 1978 by Graeme Minto in Cambridge, UK, building on continuous inkjet printing technology (CIJ), and today has about 2300 employees and annual revenues of UKL 350 million (= US$ 526 million).
Domino explains its business in a series of infographics on Pin-it:
- The Domino Process (Pinterest)
- Domino High Performance Ink (Pinterest)
- Colour Digital Label Press N600i (Pinterest)
- Domino: 35 years company history overview (Pinterest)
- Domino’s history can be found here on Domino’s website
Brother Industries (ブラザー工業株式会社)
Brother Industries (ブラザー工業株式会社) was originally founded in 1908 as Yasui Sewing Machine Shoukai (安井ミシン商会) by Kanekichi Yasui (安井兼吉) as a producer of sewing machines. Today’s Chairman Yoshiro Yasui is a descendant of the founder.
On January 15, 1934, Nihon Sewing Machine Production KK (日本ミシン製造株式会社) was established, which was renamed Brother Industries KK (ブラザー工業株式会社) in 1962.
Currently (FY2014) Brother Industries has consolidated annual revenues of YEN 616 Billion (=US$ 5.2 billion), and it’s market capitalization as of April 22, 2015 is YEN 524 billion (US$ 4.4 billion).
Brother Industries is in the following main business areas:
- Sewing machines
- Sewing machines
- Stamp creators
- Electronic paper
- Production machines
- Electronic content distribution system
- Augmented Reality (AR) systems
For an overview of Japan’s electronics industries see our report “Japan electronics industries: mono zukuri“.
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