The Japan headquartered wide-format kit manufacturer has taken a 50.1% stake in the Lithuanian business in a deal set to complete by the end of September.
Kohei Tanabe, Roland DG Corporation president said the share purchase marked a “momentous fusion of our mission” to bring “new opportunities to society through digital technology”.
“Throughout the negotiations, I have felt the desire to join forces with them and inspire excitement worldwide,” he added.
Dimense manufacturers hardware and consumables for the production of digitally embossed products.
Roland DG said the deal would give it access to the combined ink and wallpaper related technological capabilities of Dimense and its parent Veika, and in return it would give them access to Roland DG’s global sales channels and technical know-how.
Both parties stressed that no significant changes were planned while the businesses “work on integration”.
“Veika and Roland DG have been business partners since 2015. I believe that this joint adventure with Roland DG will be a great opportunity to benefit from the best that the two companies have: Roland DG’s expertise in printer development and distribution capabilities around the world and Veika’s know-how in inks and media development,” said Aleksey Etin, CEO of family-run Veika.
While Roland DG has highlighted the opportunity in digitally printed wallpapers and other interior décor products, the technology also opens up applications in calendars, event graphics, packaging, point-of-sale, and roll-up banners.
The dimensional printing technology features a roll-to-roll printer, the Dimensor S, which runs water-based latex inks and proprietary clear structural ink, and a range of special double-layered substrates. The top layer of the Ecodeco base coating can foam and expand by up to 1.5mm when exposed to heat in the printer, but the areas covered by the structural ink remain flat.
“This partnership will allow us to speed up the progress of Dimense and Ecodeco technologies, as well as take them to a new level,” said Etin.