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Mutoh Europe Expands

Mutoh Europe, a business unit of Mutoh Holdings Co. Ltd., recently announced that it has reached a final agreement to acquire the company SE Group S.A., the holding company of the Sesoma and Sericomex companies. The Sesoma - Sericomex group (SE Group) will continue its activities as a sub-concern of Mutoh Europe. This transaction is in line with the strategy of the Mutoh Group to accelerate its growth in Europe.

Mutoh teamHeadquartered in Luxembourg since 1995, the SE Group is a leading supplier of equipment and materials for the sign and display and industrial visual communication markets in Scandinavia and in the Baltic States.

"Consolidation of the SE group's activities within Mutoh Europe represents significant growth opportunities for both Mutoh and Sesoma - Sericomex," says Arthur Vanhoutte, President of Mutoh's European operations.

"We have been working closely together with the Sesoma and Sericomex companies since 1992, when they became authorised distributor for Mutoh CAD/CAS equipment."

"Our key goal in acquiring the SE Group is to accelerate Mutoh's growth in Europe. Apart from a recognised brand name and market position in Scandinavia and the Baltic states, the SE Group has an experienced management, excellent logistics, highly skilled personnel and last but not least a wide customer base. Their extensive field experience will also assist us further to develop future products meeting the needs of digital printer users." Vanhoutte concludes.

For further information visit www.mutoh.be

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