German photo kiosk company di support GmbH has two new shareholders., with ACC Holding and Kanematsu Corp., and the former minority shareholder Fotoco sold its shares in the course of these transactions.
According to the announcement, Hamburg’s ACC acquired a majority stake and will support di support’s dynamic growth in the future. The Japanese-based, listed company Kanematsu is a new minority shareholder and will promote the international expansion of the business and create synergies in the areas of international sales, supply chain and logistics, the company said. Kanematsu has been one of the largest distributors of photo printers for many years and is active worldwide. The company’s locations in Eschborn and Poznan are to be further expanded. Ralph Naruhn and Matthias Linhart will continue to be managing directors of di support. Both also remain significantly involved in the company.
“We are pleased to have ACC and Kanematsu Corporation on board as new shareholders,” says di support co-founder and managing director Ralph Naruhn. “This innovative shareholder mix of financial investor and international strategic partner will help us to release synergies and to be able to realize our national and international growth plans in the coming years. We can finally scale our innovative products as much as we would like in the market. The partnership is characterized by mutual respect and will bring lasting positive effects to employees, the company and its customers. ”
“di support has developed a number of new and innovative products and is at the beginning of the next growth phase,” adds Edward Capel-Cure, managing director, ACC. We are delighted to be a partner of the company and to support management in the implementation of its ambitious growth plans based on the strengthened capital base and the very complementary partnership with Kanematsu. ”
di support was founded in 2000 with headquarters in Frankfurt/Main Eschborn, Germany.