COLOP has acquired the Arts & Crafts division of the Belgian-Dutch company RoyalPosthumus. With this move, COLOP enters the trendy creative, gift and hobby sector.
The newly formed company, COLOP Arts & Crafts becomes one of more than 15 affiliated companies within the COLOP Group. COLOP has already cooperated successfully with the Belgian-Dutch company RoyalPosthumus in the past. The promising creative segment has now been separated from the previous company and integrated into the new company All four employees at the site in Belgium, under Managing Director Jacques Ahn, will now join COLOP, with employee numbers to be expanded in the coming months.
Ernst Faber, CEO said, "the creative area of stamp products has a huge potential. We will strongly expand this area with product innovations worldwide. The leisure and gift area for stamp products will be another important pillar of our company. Here we see sales potential in the high single-digit million range in the next few years.”
With its international distribution network and know-how in product development, COLOP has set itself the goal of establishing the Arts & Crafts sector worldwide. COLOP Arts & Crafts will develop new stamp products for the creative and hobby sector, having acquired the international trademark rights for the established products Woodies and NIO, as well as the rights for ALTA (embossing presses) and vintage stamps.
Together with the Swedish developer, inventor, and business partner, Alex Breton, COLOP has recently founded its own company in Austria for the development of digital and electronic marking devices, COLOP Digital GmbH. The company is currently attracting attention for its e-mark, a new electronic mobile marking device based on inkjet technology that works in combination with an app.
Ernst added, "the founding of COLOP Digital is our answer to an increasingly connected world. With digital products, we will, in future, make an active contribution to this global development in accordance with our guiding principle "The Spirit of Innovation.”