Control Print executes Joint Venture Agreement with V Shapes SRL
9th Dec 2022

Control Print has entered and executed Joint Venture Agreement on December 8, 2022 with V Shapes SRL to form new Joint Venture Company (Private Limited Company proposed to be incorporated) in India to carry business of contract filling and packaging services, sale and marketing of the packaging machines & packaging materials etc.

The company will hold 90% of paid up and issued share capital for consideration of Rs 10 crore. V-Shapes will hold 10% of paid up and issued share capital in consideration for transferring its technical know-how and Intellectual property to the Company for advancement of business.

Control Print is a pioneer in the manufacturing of coding and marking solutions in India. Product range of the company includes Continuous Ink Jet Printer, Large Character Printer, Hot Roll Coder, Thermal Transfer Overprinter, Laser and Consumables.