Brother completes Domino acquisition

Brother Industries has announced it has formally completed the acquisition of Domino Printing Sciences, as initially covered here.

Trading in the Domino Shares on the London Stock Exchange’s market for listed securities and the listing of the Domino Shares on the Official List were each cancelled with effect from 8.00 a.m. (London time), 12th June 2015. All financial results will be consolidated into Brother Industries moving forward. The Domino brand and management structure will remain unaltered, with Domino Printing Sciences operating as an autonomous division within Brother Industries.

Nigel Bond, Domino’s CEO, commented: “Domino will be able to leverage Brother’s size, manufacturing and R&D facilities, and sales networks to expand its global reach. For Brother, Domino will bring opportunities in new market sectors, as well as a strong customer base built on long-term relationships.”

Domino has built up a good reputation for its digital coding machines and Brother has said that it was interested in this customer base. But recently Domino has also developed several inkjet presses and Brother is keen to expand this side of the company.


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