Anajet Inc., Tustin, Calif., will officially become the direct-to-garment (DTG) printing division of its parent company, Ricoh Printing Systems America, Inc., on June 1.
As Ricoh Co. Ltd. (RCL) has been conducting a reorganization of its North America DTG business, it decided on the Anajet merger to pursue greater efficiency in management of subsidiaries. The merger will allow for more efficient synergies among Ricoh divisions, reduced overhead and more streamlined work processes through consolidation of the division’s management team, according to the company.
The merger resolution and agreement were decided on April 30 by Ricoh’s board of directors. Anajet, Inc. officially will be dissolved when consolidation goes into effect.
Ricoh’s trade name, address, share capital and fiscal year-end will remain unchanged after the merger. — D.S.
