Nigel Bond said the two companies will “be working closely together on natural growth opportunities”.
He said that Brother “respects and values Domino’s brand equity, technologies and strategic vision” and that they will collaborate on developing new products. “This is a very exciting time for Domino and the acquisition gives the business a solid foundation for the future. Domino will be able to leverage Brother’s size, manufacturing and R&D facilities, and sales networks to expand its global reach, he added.
“Brother and Domino share the same values, including a robust commitment to R&D and reputation for quality and service, and we look forward to the successful results this union will yield.”
Brother announced the finalization of the acquisition earlier this month, stating that it “has now become effective and the entire issued and to be issued share capital of Domino is owned by Brother”.
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Domino recently released a new ink for its G-series of thermal inkjet printers (TIJ), the BK118, which allows for coding on to materials such as plastics foils and coated cartons, Packaging World reported. The device is employed in a variety of industries from food to pharmaceutical, with thermal inkjet “perfectly suited” for primary packaging and outer case applications. The “resistive qualities” of the ethanol-based BK118 allow even glossy packaging to be coded.
Phil Parkins, TIJ Product Manager at Domino, said: “By using the benefits of a revised cartridge that is specifically designed for solvent-based inks, we offer a TIJ ink that delivers consistent, durable codes with great character sharpness and high contrast.
“Code quality and ink adhesion make BK118 ideal for high speed coding onto wrappers, sachets, and flexible films.”