MGI Announces Acquisition of French Manufacturer CERADROP

About the MGI Group
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” & "OSEO Excellence" labels respectively in 2009 and 2012 in recognition of their expertise and innovation in the graphics & 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.