Roland DG buys wallpaper product company UAB Dimense
Getting your Trinity Audio player ready...
|
Roland DG Corp. 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. Roland DG has acquired 50.1% stake in UAB Dimense print, a subsidiary of UAB VEIKA, which excels in chemical technology and offers a unique digital printing embossing solution for wallpaper industries, the company said. The digitalization of wallpaper printing has not yet fully penetrated the market, but growing demand for personalization and upcoming market expansion present the opportunity for Roland DG to enter into the market, the company said. Furthermore, the UAB Dimense print embossing technology has great potential 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 and it is well known as a producer of a wide range of materials for the wallpaper industry. VEIKA has earned its reputation as a reliable and trusted supplier to partners, with a wealth of knowledge and experience in the field of wallpaper production. Since 2012, their focus has shifted to digital printing, and production began on solvent inkjet printers and PVC wallpaper. Now, with an eye on protecting the environment, the company has gone PVC free, inventing and patenting Ecodeco, a plasticizer-free base for traditional hot embossed wallpaper production. Their digital solutions also include the DIMENSE, a cutting-edge wide-format inkjet printer, which has gained high recognition for its unique structure printing capability, environmentally-friendly inks & substrate, and facilitation of original expressive designs in wallpaper printing. Through acquisition of UAB Dimense print shares, Roland DG will gain access to the combined ink and wallpaper related technological capabilities of the company and its parent company, UAB VEIKA.