Brother Makes Hostile Bid for Roland DG
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According to recent reports, Brother Industries has lodged a hostile offer to purchase Roland DG, the Japan-based parent company of Roland DGA.
This bid follows a previous offer for the company by XYZ KK, which the Roland DG board of directors was reportedly in favor of. The bid from Brother offered a share price of ¥5,200 (Japanese Yen) per share, which is ¥165 yen higher than the offer from XYZ. The Roland DG board, the article stated, would review the Brother proposal before making an official response.
When contacted for comment, Roland DGA declined comment, saying, as stated, that the Roland DG board was considering the offer.
In addition to equipment for the printing industry, Roland DG also manufactures equipment for medical, dental, and 3D fabrication markets. Brother's portfolio of technologies currently serves printing and labeling, garment printing, industrial sewing, and gears. Both Roland DG and Brother are listed on the Tokyo Stock Exchange.
Dan Marx, Content Director for Wide-Format Impressions, holds extensive knowledge of the graphic communications industry, resulting from his more than three decades working closely with business owners, equipment and materials developers, and thought leaders.
