4. Oct 2021 | Markets & Companies
IM Group's Inkmaker joint ventures with Longtech in China
The joint venture will operate as "Inkmaker Intelligent Systems (Shanghai) Ltd Co". The new partnership is aimed specifically at the paint and coating, ink and chemical manufacturing industry in China and will focus on formulation related applications; dispensing, dosing, MES (Manufacturing Execution System), weighing, tinting and filling.
Inkmaker Shanghai Ltd Co – which was established in 2004 by Inkmaker Srl (Italy) and Inkmaker Asia Sdn Bhd (Malaysia) – is an already recognised manufacturer, of integrated and automated dispensing systems for the above-mentioned fields, in China.
"Increase our market reach and presence"
"Inkmaker Shanghai will continue, as before, retaining its existing clients directly and agent network in various market segments of China, yet in addition, this JV offers both companies a turbo boost," explained Lau Kar Seng, GM of Inkmaker Shanghai and board member of IM Group, "Our objective, for forming a JV company, was to significantly increase our market reach and presence by getting closer to China-based clients."
"Inkmaker, which is essentially the founding member of IM Group, is the only European dispensing-system manufacturer to have an assembly plant in China. This alone has gained them significant inroads into the Chinese market, where they are now recognised as a trusted leader, within their industries," said He Xiao Dong, owner of Longtec, "with Longtec’s involvement—through our network and capacity to provide intelligent factory solutions within our industries – we are perfectly matched to complement each other’s products and services."
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