MGI acquires Ceradrop manufacturer of 3D and printed electronics
This acquisition will see MGI Digital Graphic Technology positions itself in a new high growth markets
MGI Digital Graphic Technology has acquired a 100% ownership of Ceradrop - a company specialising in the design and manufacturing of high-end professional inkjet printing systems for the printed electronics industry. With this operation, MGI Digital Graphic Technology aims to positions itself in a new high growth market.
Ceradrop, based in Limoges, France, was founded in 2006, by members of the CNRS (Centre National de la Recherché Scientifique). Ceradrop has developed advanced equipment for printing both 2D and 3D-ceramic and organic electronic components with high added-value, such as antennas, Organic Light Emitting Diode (OLED) display screens, electronic chip cards, solar cells, RFID tags, printed batteries, and biomedical sensors. These components can be printed onto a wide variety of materials such as glass, metals, polymers, plastics, paper and others to open up a wealth of applications that outperforms many conventional manufacturing processes.
The company see many market opportunities - two early important high-growth markets are :
- Printed OLED displays
- Printed organic solar panels
Ceradrop's equipment has been developed from applied research in the field of nanotechnology. Enabling the company to offering the ability to print from 50μm wide conductive track to multi-layer ceramic components such as 3D-printing.
Cearadrop has a team of 15 Phds, engineers and technicians and operates from the Limoges site in France.
Edmond Abergel, president of MGI Digital Graphic Technology, said, "With the acquisition of Ceradrop, a new promising area of growth emerges for the MGI Group,." Edmond added, "Twenty years ago, we were pioneers in the world of digital printing for professionals in the graphic arts industry. Through our innovation and setting our sights since the very beginning on the international markets, we have become a recognized player in this market."
Edmond went on to say - "Our technological advantages allow us to be a leader in this new business segment." Adding, "With the team from Ceradrop at our side, we can establish a center of excellence with exceptional and global expertise the field of inkjet. Integrating Ceradrop will thus enable us not only to accelerate innovation in our current markets but also to position ourselves in these new markets for printed electronics and 3D-printing, which has been widely forecasted to become mass market in the next five years."
About MGI Digital Graphic Technology
The MGI Group is composed of MGI Digital Graphic Technology, headquartered in Paris (Ivry-sur-Seine),France, KÖRA-PACKMAT, located in Villingendorf, Germany, and CERADROP, located in Limoges, France.
Founded in 1982, MGI Digital Graphic Technology designs, manufactures and markets a full and innovative range of award-winning digital presses and a complete line of versatile finishing solutions. MGI has a portfolio comprised of several thousand customers in a wide range of sectors, including graphic industry professionals, Fortune 1000 companies, government agencies, plastic card manufacturers, silkscreeners and photo labs.
A leader in the professional graphic equipment market, MGI is registered on the Euronext Paris Alternext stock exchange (ALMDG). They received the prestigious OSEO “Innovative Company” and "OSEO Excellence" labels respectively in 2009 and 2012 in recognition of their expertise and innovation in the graphics and finishing industry. In addition, MGI has won thirteen international product awards from 2008-2012 related to technological innovation, including the 2010 Siemens Innovation Grand Prix and the 2011 Engineering Prize for their color inkjet technology and the InterTech Technology Award from PIA in 2013.
MGI USA, based in Melbourne, FL, is MGI’s fully-owned subsidiary that services the North and South American, Caribbean and Asia-Pacific markets.
KÖRA-PACKMAT is an industrial manufacturing company which specializes in the development of offset subsystems. With four business units that cover feeding systems, paper transport systems, film wrapping machines and ultrasonic sealing systems, KÖRA-PACKMAT has a worldwide presence that is represented through a network of distributors and a subsidiary based in Singapore.
Source: MGI Digital Graphic Technology
About Ceradrop
Ceradrop, based in Limoges, France, was founded in 2006, by members of the CNRS (Centre National de la Recherché Scientifique). Ceradrop has developed advanced equipment for printing both 2D and 3D-ceramic and organic electronic components with high added-value, such as antennas, Organic Light Emitting Diode (OLED) display screens, electronic chip cards, solar cells, RFID tags, printed batteries, and biomedical sensors. These components can be printed onto a wide variety of materials such as glass, metals, polymers, plastics, paper and others to open up a wealth of applications that outperforms many conventional manufacturing processes.
Ceradrop’s product line up is capable of adapting to itself to print very complex component designs and overcome constraints linked to the type of materials being deposited via inkjet with an exclusive patented software suite. Ceradrop currently counts among their customers advanced scientific laboratories such as the CEA and Centre National d'Etudes Spatiales in Fraunhofer Germany, industrial groups such as Gemalto, DisaSolar and Thales, as well as American universities such as Northwestern.
Source: Ceradrop
