Two months after the announcement Pelikan’s team toured the Print-Rite facilities in China to discuss and progress the integration process of the two companies.
The Recycler reported earlier this year that the Chinese Print-Rite Group had acquired the assets of Pelikan Hardcopy, giving them exclusive rights to manufacture unique, high-quality cartridges, using Pelikan’s brand, under a 30-year licensing agreement.
The RM30 million (€6.1 million / $6.9 million) sale of Pelikan’s hardcopy supplies business included manufacturing, sales and distribution subsidiaries. Pelikan, which has built up a strong reputation in the European market, selected Print-Rite, with its 2,600 patents, as the most fitting choice of partner in a move which Print-Rite’s founding chairman described as “an important strategic collaboration for the two highly reputable companies.”
Now, two months after the announcement of their alliance, the two companies have begun the process of unifying their businesses, with management teams from Print-Rite and Pelikan getting the feel for each other’s facilities and new colleagues. Most recently, a press release from PRP Solutions reported that a team from Pelikan had jetted off to China to tour Print-Rite’s offices and production facilities in order to “trust each other personally and to work together as one team.”
During the visit, Print-Rite’s technical experts explained their production processes and quality control measures. Print-Rite’s strategy is to invest heavily in “developing products that respect the IP of the original printer manufacturer”, a strategy approved by Pelikan.
With all current trading having been transferred to two new companies, based in France and Germany, both trading under the name PRP Solutions, the union of traditional European company Pelikan and China’s Print-Rite arises from a desire to produce “more superior and reliable products”.