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Mitsubishi Pencil has acquired the Germany company, C. Josef Lamy GmbH. Mitsubishi Pencil say they made the acquisition in order to expand overseas and move into higher price ranges, as the stationery market in Japan is expected to shrink amid the country’s falling birth rate and digitalization efforts.
Mitsubishi Pencil was already present in Europe – with headquarters in France and operations in the UK and Spain, employing around 100 people in total – they are most well known for their uni-ball rollerball pens. Lamy has around 380 employees.
Another area of collaboration is likely to be digital writing technology.
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