{"id":25964,"date":"2017-10-04T21:36:58","date_gmt":"2017-10-05T04:36:58","guid":{"rendered":"http:\/\/www.enxmag.com\/twii\/?p=25964"},"modified":"2017-10-04T21:36:58","modified_gmt":"2017-10-05T04:36:58","slug":"general-plastic-industrial-co-enters-into-agreement-to-acquire-katun-corp","status":"publish","type":"post","link":"https:\/\/www.enxmag.com\/twii\/news\/2017\/10\/general-plastic-industrial-co-enters-into-agreement-to-acquire-katun-corp\/","title":{"rendered":"General Plastic Industrial Co. Enters into Agreement to Acquire Katun Corp."},"content":{"rendered":"

Minneapolis (Oct. 2, 2017)<\/em> \u2014 Katun Corporation, one of the world\u2019s leading alternative suppliers of imaging supplies, photoreceptors and parts to the imaging industry, announced today that General Plastic Industrial Co. Ltd. of Taiwan has signed an agreement to acquire Katun from Monomoy Capital Partners. The transaction requires the approval of GPI\u2019s shareholders and regulatory approval by the Taiwanese government.<\/p>\n

\u201cKatun is very excited to become part of the GPI organization and to begin the next chapter in our company\u2019s history,\u201d says Robert Moore, president and CEO of Katun. \u201cHaving worked closely with GPI for well over a decade, we have the highest regard for its entire organization, culture, and products, as well as its unsurpassed dedication to quality and innovative toner cartridge solutions. GPI\u2019s technical and manufacturing capabilities will significantly enhance the Katun value proposition, as well the value that Katun already offers our customers.\u201d<\/p>\n

In connection with the pending transaction, Robert Moore will remain as president and CEO of Katun. Katun\u2019s management team will also remain in place and work closely with the GPI team to leverage each organization\u2019s strengths to the benefit of our customers. With more than 350 employees operating out of three geographic business units, ten distribution and warehouse locations, and more than 20 sales offices worldwide, Katun is a global leader in OEM-compatible consumables for imaging equipment.<\/p>\n

###<\/p>\n

About General Plastic Industrial Co. Ltd.<\/strong>
\nGeneral Plastic Industrial Co.<\/a> Ltd is a publicly-traded company on the Taiwan stock market exchange that primarily engages in the development, manufacture, filling and distribution of toner cartridges, including its toner cartridge brand, Cartridge Web.<\/p>\n

About Katun Corp.<\/strong>
\nHeadquartered in Minneapolis, Katun Corp.<\/a> is one of the world’s leading alternative suppliers of imaging supplies, photoreceptors and parts to the imaging industry. With 38 years of expertise, Katun serves more than 11,500 customers in 123 countries.<\/p>\n","protected":false},"excerpt":{"rendered":"

Minneapolis (Oct. 2, 2017) \u2014 Katun Corporation, one of the world\u2019s leading alternative suppliers of imaging supplies, photoreceptors and parts to the imaging industry, announced today that General Plastic Industrial Co. Ltd. of Taiwan has signed an agreement to acquire Katun from Monomoy Capital Partners. The transaction requires the approval of GPI\u2019s shareholders and regulatory approval by the Taiwanese government. \u201cKatun is very excited to become part of the GPI organization and to begin the next chapter in our company\u2019s history,\u201d says Robert Moore, president and CEO of Katun. \u201cHaving worked closely with GPI for well over a decade, we have the highest regard for its entire organization, culture, and products, as well as its unsurpassed dedication to quality and innovative toner cartridge solutions. GPI\u2019s technical and manufacturing capabilities will significantly enhance the Katun value proposition, as well the value that Katun already offers our customers.\u201d In connection with the pending transaction, Robert Moore will remain as president and CEO of Katun. Katun\u2019s management team will also remain in place and work closely with the GPI team to leverage each organization\u2019s strengths to the benefit of our customers. With more than 350 employees operating out of three geographic business units, ten distribution and warehouse locations, and more than 20 sales offices worldwide, Katun is a global leader in OEM-compatible consumables for imaging equipment. ### About General Plastic Industrial Co. Ltd. General Plastic Industrial Co. Ltd is a publicly-traded company on the Taiwan stock market exchange that primarily engages in the development, manufacture, filling and distribution of toner cartridges, including its toner cartridge brand, Cartridge Web. About Katun Corp. Headquartered in Minneapolis, Katun Corp. is one of the world’s leading alternative suppliers of imaging supplies, photoreceptors and parts to the imaging industry. With 38 years of expertise, Katun serves more than 11,500 customers in 123 countries.<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[86],"tags":[3199,3164],"_links":{"self":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/25964"}],"collection":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=25964"}],"version-history":[{"count":1,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/25964\/revisions"}],"predecessor-version":[{"id":25965,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/25964\/revisions\/25965"}],"wp:attachment":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=25964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=25964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=25964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}