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Le Groupe Stylex du Progrès the first in Quebec to acquire Konica Minolta’s Flagship MGI JETvarnish 3D Evolution

Ground-breaking technology allows for high-volume productivity and digital flexibility to handle growing demand and faster turnaround

MISSISSAUGA, Ontario, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions (Canada) Ltd. (Konica Minolta), a leader in the Graphic Communications industry, in partnership with the MGI Group (MGI), is pleased to announce the first acquisition in the province of Quebec of its flagship MGI JETvarnish 3D Evolution by Le Groupe Stylex du Progrès (the Company) in Laval, Quebec. The unique capabilities of the MGI JETvarnish 3D Evolution will allow the Company to expand its service offerings in the Greater Montreal area, and to further address the needs of its growing clientele.

Konica Minolta and Groupe Stylex representatives at Print18 in Chicago, Illinois.
From left to right: Mario Mottillo, Market Vice President, Eastern Canada, Konica Minolta Canada; Massimo Papalia, CEO, Le Groupe Stylex de Progrès; Sophie Lalonde, Regional Production Print Solutions Manager, Eastern Canada, Konica Minolta Canada.


Kevin Abergel, Vice President of Marketing and Sales for MGI USA, the manufacturers of the JETvarnish 3D Evolution, said: “As the first in the province with access to this technology, we are confident that Le Groupe Stylex du Progrès’ business will continue to grow profitably as the new capabilities afforded to them by the JETvarnish 3D Evolution system allow them to expand and improve their product offerings.”

Le Groupe Stylex du Progrès is led by veteran businessman, Massimo Papalia, the company’s CEO. “Our company has garnered a large and loyal customer base over its 30 years of doing business in the province of Quebec. Having forged this newfound partnership with Konica Minolta and MGI, we look towards a creative, more productive future in the graphic communications industry. Thanks to this advanced technology in print servicing we are ready to expand our customer relationships and fulfill our clients’ various needs,” commented Papalia.

The MGI JETvarnish 3D Evolution is the world’s first B1+ scalable sheetfed digital enhancement press. It has been specifically designed to help digital and offset printers extend the life of their investments with a seamless upgrade path to manage a full range of production and post-press applications. End-users benefit from print and packaging work that is more engaging, differentiated and visually appealing. Other key product highlights include the following:

  • Eliminates the need for films, dies, screens and make-readies for quick and easy production of foil stamping jobs from one to thousands of sheets.
  • Ability to run fully personalized short, medium and long runs in a cost-efficient manner for complex packaging applications.
  • Artificial Intelligence SmartScanner (AIS) provides precision accuracy by using AI to automate varnish and hot foil registration for inkjet heads over the pre-printed sheet.
  • Digital foiling and an upgradeable inkjet expansion system with three substrate size options ranging from 52x120cm / 20x47” to 64x120cm / 25x47” and 75x120cm / 29x47”. 
  • Unique blend of digitally-embellished images, text, data and brand designs using spot varnish, 3D raised varnish and digitally embossed foil in a single pass.

Having started the financial and strategic alliance with MGI in 2014, Konica Minolta has added MGI’s output equipment including hot foil stamping and embossing jobs to its product line in response to the digitalization needs in the professional printing market. In April 2016, Konica Minolta acquired an additional 30.5% stake in MGI, bringing their total stake in the company to 40.5%.

“We’re thrilled to see the continued expansion and adoption of our MGI JETvarnish 3D Evolution system across Canada,” said Chris Dewart, President and CEO, Konica Minolta Business Solutions (Canada) Ltd. “With companies in Ontario, British Columbia, and now Quebec, adopting the JETvarnish 3D Evolution, more end-users than ever before will have access to products only made possible thanks to our ground-breaking technology.”

Papalia adds, “Acquisition of the most advanced, and innovative technologies in this space has been a guiding principle of ours from the outset, and we truly believe this technology is the future of the industry.”

For more information about Konica Minolta Canada and its industrial print product portfolio, please visit www.konicaminolta.ca or call 1-866-890-6600.

About Konica Minolta
Konica Minolta Business Solutions (Canada) Ltd. is a leader in the Graphic Communications Industry. With our comprehensive portfolio, we provide award-winning production, industrial print and inkjet solutions. Konica Minolta's IT Services Division offers a range of IT strategy, support and network security solutions across all verticals. Konica Minolta has been recognized by Brand Keys as the #1 Brand for Customer Loyalty in the MFP Office Copier market for 11 consecutive years. Konica Minolta, Inc. has been named to the Dow Jones Sustainability World Index for six years in a row. We partner with our customers to give shape to ideas and work to bring value to our society. For more information, please visit www.konicaminolta.ca and follow Konica Minolta on LinkedIn, YouTubeFacebook and Twitter (@KonicaMinoltaCA)

About Le Groupe Stylex du Progrès
Le Groupe Stylex du Progrès is an avant-garde finishing house based out of Laval, Quebec. Le Groupe Stylex du Progrès offers a wide array of professional finishing services, ranging from embossing and texturization, to precise and detailed work unmatched by conventional presses. Le Groupe Stylex du Progrès is a local institution in Montreal, having built a broad and loyal customer base over the course of its 30 plus years in operation. Taking the bold step towards acquisition of the latest and most advanced technologies in this space, the company hopes to continue its long track record of being a leader and innovator in the graphic communications industry.

About the MGI Group 
Founded in 1982, the MGI Group is a public company with offices around the world and is registered on the Euronext/Alternext stock exchange (ALMDG). The MGI Group is a global digital printing technology leader composed of MGI Digital Technology, headquartered in Paris (Fresnes), France and KÖRA-PACKMAT, located in Villingendorf, Germany and CERADROP, located in Limoges, France.  MGI USA, based in Melbourne, Florida, is a fully-owned subsidiary of the MGI Group that supports the North & South American, Caribbean and Asia Pacific markets. For more information, please visit www.mgiusa.com.

CONTACT INFORMATION 

Press Contact:  

Think2Grow Marketing for Konica Minolta Business Solutions (Canada) Ltd. 
Brendan Hills
Director of Content Strategy 
+1 855-599-3650 
PR@think2grow.com

Le Groupe Stylex du Progrès
Massimo Papalia 
Chief Executive Officer 
514-318-4138 
massimo@groupestylex.com

MGI USA Inc. 
Jack Noonan 
Marketing Manager
+1 321 751-6755 
j.noonan@mgiusa.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/98b6716b-3b9a-434d-9862-bf693699e381

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