THE AQA-NINESTAR GROUP ACQUIRED THE MAJORITY OF PRINK SpA.
Casaletto Vaprio, July 8, 2022
The AQA-Ninestar Group concluded on 20 April 2022 the acquisition of the majority stake of 51% of the share capital of Prink SpA.
The agreement provides that, on the date of execution, the AQA-Ninestar Group adopts the appropriate Governance measures to ensure the best organizational continuity for Prink SpA, with a view to optimizing the business model focused on the Printing sector both for peripherals and print consumables.
Diego Fontana founding partner and general manager of AQA-Ninestar
Diego Fontana commented: “The acquisition allows to consolidate the positioning of AQA-Ninestar on the Printing and ICT Consumer market and at the same time to enhance PRINK through the adoption of a strategy, which provides for new synergies, actions aimed at growth, innovation and to immediately control the new emerging markets.
With this strategic acquisition, the AQA-Ninestar Group expects a growth in consolidated turnover for the year 2022 close to 100 million euros in revenues.
This operation therefore represents both for the AQA-Ninestar Group and for Prink Spa, an important step in the strategy of expansion on international markets and strengthening the presence in the different reference markets.”
The Ninestar Group
A world leading company in the sector of laser technology printing peripherals in the Consumer and Business segments through its brands Lexmark and Pantum, the AQA-Ninestar Group is 22.5% owned by the Chinese multinational Ninestar Image Tech Limited based in Zhuhai (Republic of China).
https://en.ninestargroup.com/ The multinational group Ninestar, in addition to being the fourth largest manufacturer of laser printers in the world, is also the first manufacturer in the world of compatible consumables alternative to OEM originals (ink-jet cartridges, toners, ribbons , label cassettes, inks) with the G&G brand https://www.ggimage.ink/ and dedicated chips for after-market consumables with the company APEX-MIC.
The AQA-Ninestar Group
https://www.gruppoaqa.com/ The AQA-Ninestar Group has been present on the Italian market since 2005, as a distributor in the Printing sector with the offices in Casaletto Vaprio (Cremona) and the Cash & Carry in P.to Sant’Elpidio (Province of Fermo). A young company, characterized by a dynamic and flexible organization, focused on a very diversified distribution business model of quality consumables and consumer printers.
The ranking of the TOP 400 companies of the Confindustria of Cremona, sees the AQA-Ninestar Group among the “Best Jumpers” companies, that is companies that in their financial statements between 2019 and 2020 have made real leaps forward in the ranking of operations by development and quality of its primary indicators such as: turnover, profitability, core management, operating margin and organizational and operational efficiency.
A growth trend that has led the AQA Group to climb the ranking of 58 positions among the TOP 400 companies in the area, considering that 2020 was an exceptionally negative year for most companies, due to the negative effects of the pandemic from Covid-19 which led to a decline in revenues and margins.
The Prink company
The company Prink Spa with headquarters in Castelbolognese (Ravenna), present with 10 branches throughout Europe and with 1200 between shops and corner shops, today represents on the European market the group with the largest number of Affiliated Franchising Shops for the sale not only of consumer products in the IT sector, but also in high value-added services in the Telephony sector with the IRiparo brand: a hardware component repair service for smartphones and tablets.
Prink Spa brings together 280 employees and with a consolidated turnover in 2021 of 81 million euros.
THE AQA-NINESTAR GROUP ACQUIRED THE MAJORITY OF PRINK SpA
Diego Fontana +39 348 4466607
Giuseppe Bellamace +39 342 8750331