SPANISH DECOR SUPPLIER TO BECOME IP DECOR SPAIN

INTERPRINT, one of the world's leading manufacturers of decorative surfaces for the wood-based materials, furniture and flooring industries, is increasing its global footprint with the complete takeover of Decotec Printing, S.A, Spain, acquiring the remaining minority share from Financiera Maderera S.A. INTERPRINT and Decotec are both already part of the Japanese printing group Toppan Inc. In the future, the Spanish production site will operate under the INTERPRINT brand umbrella as IP Decor Spain S.A.U.

IP Decor Spain becomes the 9th production location in the global structure of the Arnsberg-based INTERPRINT group. The strategic expansion will enable INTERPRINT to enlarge its product portfolio, offer its customers new impregnation and printing services, and advance in markets in the Mediterranean region as well as in Central America.

INTERPRINT further announces the appointment of Martijn Huisman as Managing Director of IP Décor Spain as of November 1, 2022. He will succeed Juan Carlos Benito, who goes into his well-deserved retirement.

Martijn Huisman has been working with Toppan since 2011 and was involved in new business development and has been serving as a board member of Decotec.

Hideo Yoshikawa, CEO of INTERPRINT, commented: "We warmly welcome IP Decor Spain to our family and I am very pleased to welcome Martijn Huisman at INTERPRINT. He has an excellent track record in leading high performing teams across businesses and functions. His business acumen and business knowledge of Toppan and our industry as well as his senior leadership experience will be a valuable addition to our INTERPRINT team. I would also like to express my gratitude to Juan Carlos Benito for his continuous dedication and wish him all the best for the future."

"The acquisition will help us to further increase our leading position within the industry and will enable us to respond even more comprehensively to our customers' needs in the future" commented Martijn Huisman.

Decotec was founded in 1997 in Tordera, Spain, and has developed into a recognized supplier of printed decorative surfaces and a manufacturer of melamine resin impregnated films for the wood-based materials industry. The 100% takeover of the shares means that INTERPRINT will become the sole shareholder of IP Decor Spain.