Roland DG Corp. (Hamamatsu, Japan) has announced the acquisition of shares for UAB Dimense print, a subsidiary of UAB VEIKA, a manufacturer and vendor for wallpaper-related products headquartered in Vilnius, Lithuania — according to a press release from Roland DG.
In line with the company’s goal of “Digital and Co-creation,” Roland DG has decided to acquire a 50.1% stake in UAB Dimense print, which offers a unique digital printing embossing solution for wallpaper industries. The embossing technology has great potential — per the release — as it can bring texture and dimension to various printed applications, such as gypsum molds. Roland DG aims to strengthen the presence in the wallpaper market through the continued development, sales and support of DIMENSE and Ecodeco, both proprietary technologies of UAB Dimense print.
VEIKA is a family business founded in 1991 in Vilnius, Lithuania by Jakov Etin as a producer of a wide range of materials for the wallpaper industry. Since 2012, their focus has shifted to digital printing, and production began on solvent inkjet printers and PVC wallpaper.
“Today’s announcement marks a momentous fusion of our mission,” Roland DG Corporation President and Representative Director Kohei Tanabe is quoted in the press release, “bringing new opportunities to society through digital technology, and our purpose … with Dimense’s unique and innovative digital embossing printing solution.”
“VEIKA and Roland DG have been business partners since 2015,” UAB VEIKA CEO Aleksey Etin is also quoted. “I believe that this joint adventure with Roland DG will be a great opportunity to benefit from the best that the two companies have: Roland DG’s expertise in printer development and distribution capabilities around the world and VEIKA’s know-how in inks and media development.”
For more information, visit rolanddga.com.