Toyo Ink SC Holdings Co. Ltd., parent company of the Toyo Ink Group of Japan, recently announced plans to open a new sales subsidiary in Casablanca, Morocco, in preparation for a full-scale business launch into the African continent. The company will reportedly set up its first office on the continent, Toyo Ink North Africa S.A.R.L., for the medium- to long-term timeframe.
“Following China and India, the African continent is believed to be one of the future growth engines of the global economy,” said Katsumi Kitagawa, group CEO. “Up until now, the Toyo Ink Group had been developing its business in the region by way of our existing operating bases. These efforts are now beginning to pay off as sales in the region have been steadily rising. The decision to establish an office in Morocco is a result of this early success and our need to focus on branding efforts, as we continue to solidify our position as a global single-source provider of integrated printing and packaging solutions.”
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