The graphic arts and printing industry is witnessing the emergence of a major new alliance. Japanese manufacturers Fujifilm Business Innovation and Konica Minolta announce the creation of their joint venture, Global Procurement Partners Corp, on January 31, 2025. Here's a look at the challenges and objectives of this strategic partnership.
A response to the rapid evolution of the MFP and production printer market
Faced with a changing market, Fujifilm and Konica Minolta need to adapt their strategy . Last April, the two companies emphasized the need for proactive initiatives to adapt to an ever-changing MFP and production printer market. Coordinating resources and optimizing supplies are at the heart of this joint venture, which aims to reduce costs and ensure the resilience of supply chains.
A partnership focused on office and production printers...
Global Procurement Partners Corp. will focus on multifunction printers (MFPs), desktop printers and production printers. The aim is to pool supplies of raw materials and components, in order to improve the competitiveness of both groups.
... and towards a new generation of toner printing systems
One of the major thrusts of this alliance also concerns the development and production of toner-based printing systems. Fujifilm and Konica Minolta wish to combine their expertise to offer solutions tailored to the needs of today's professionals. C
A joint venture model with Fujifilm in a dominant position
Fujifilm will hold a majority stake in this joint venture, enabling consistent governance and rapid decision-making. This model is designed to maximize synergies between the two groups, while respecting their respective autonomy in other business sectors.
A collaborative future
The creation of Global Procurement Partners Corp. marks an important milestone for both companies, who are also looking ahead to further strategic collaborations in the medium and long term.
