Southern Lithoplate to Buy Konica Minolta Plate Business
Konica Minolta Graphic Imaging will sell its offset printing plate business, including subsidiary American Lithoplate, to Southern Lithoplate. The anticipated closing is scheduled for October 1, one week from today. The decision to sell was based on the long-term strategy of Konica Minolta Medical & Graphic.
"Konica Minolta Graphic Imaging has a long-standing tradition and heritage in the prepress and printing supply business," says Kazuhiko Fukushima, President and CEO of Konica Minolta Graphic Imaging. "We are very pleased to confirm Southern Lithoplate as our successor in the offset printing plate business. The continuity of customer supply, service and support is our primary objective during this transition process."
Edward A. "Trip" Casson, Chairman & CEO of Southern Lithoplate stated, "We are honored by the opportunity to support Konica Minolta Graphic Imaging in this transition. Konica Minolta Graphic Imaging and Southern Lithoplate have closely shared values for delivering the highest level of quality, response, guidance and support for our customers."