Toppan Gravity Strengthens Latin American Foothold with Acquisition of Card Manufacturer Hogier Gartner 

Colombia, October 2023 – TOPPAN Gravity, a TOPPAN Company, and UAE-based global secure solutions provider, is pleased to announce its recent acquisition of Hogier Gartner & Cía. S.A.S., a prominent company in the card manufacturing industry based in Colombia. This strategic move represents an important milestone for Toppan Gravity as it strengthens commitment to expanding its presence in key markets worldwide.

The acquisition of Hogier Gartner & Cía. S.A.S. marks a significant moment in Toppan Gravity’s global expansion strategy, driven by the thriving card market in Latin America. Based on a market study, it is expected that the percentage of cards distributed in Latin America is projected to grow by 67% from 2022 to 2025*. These findings emphasize the strong and consistently growing card market within the region. Through Toppan Gravity’s expansion in Latin America, the company will enhance its ability to serve its current clients in this region, establish new partnerships, and offer customized payment solutions to address the evolving demands of the local market.

“Toppan Gravity’s acquisition of Hogier Gartner & Cía. S.A.S. represents a significant step forward in our mission to deliver state-of-the-art smart cards and payment solutions to our clients on a global scale,” emphasized Jean-Pierre Ting, Managing Director of Toppan Gravity. ” We are enthusiastic about the opportunities this acquisition presents and eagerly anticipate collaborating with the highly skilled team at Hogier Gartner & Cía. S.A.S. Together, we aim to foster growth and drive a new wave of innovation that will not only benefit our valued clients but also reshape the landscape of the payment solutions industry for years to come.”

Hogier Gartner & Cía. S.A.S, founded in 1953, has a long history in the card manufacturing industry, spanning several decades. The company has earned a sterling reputation for its commitment to quality, precision, and technological innovation. Over the years, Hogier Gartner & Cía. S.A.S. has established itself as a trusted partner for businesses in Colombia and beyond, delivering a wide range of printing solutions. These solutions include the production and personalization of all kinds of smart cards, ranging from bank and transportation cards to identification cards. Additionally, Hogier Gartner & Cía. S.A.S specializes in the manufacturing of promotional printing materials, including labels and packaging.

Commenting on the acquisition, Alvaro Gartner, CEO of Hogier Gartner & Cía. S.A.S., states, “We at Hogier Gartner are thrilled to embark on this new journey with Toppan Gravity. This collaboration not only reinforces our dedication to providing top-notch card manufacturing and printing solutions but also unlocks doors to new horizons and opportunities for innovation.” He continued, “We recognize a synergistic fusion of Toppan Gravity’s worldwide reach and technological excellence with our profound regional market knowledge.”

Hogier Gartner & Cía. S.A.S.’s legacy in the card manufacturing industry in Latin America, combined with Toppan Gravity’s global reach and technological prowess, positions the industry experts to thrive in an increasingly competitive market. Both Toppan Gravity and Hogier Gartner Cía. S.A.S. remain dedicated to preserving the heritage and expertise that Hogier Gartner has cultivated over the years. They are committed to ensuring a seamless transition for employees, clients, and partners during this exciting phase of growth. Together, they aim to build a stronger, more dynamic presence in the region and beyond, fostering innovation and delivering exceptional value to their clients.

In accordance with our holistic branding strategy, the recently acquired company will be renamed “Toppan Hogier S.A.S.” This strategic decision reflects our commitment to unity and alignment within the Toppan Group, while also recognizing and valuing the strengths and reputation of Hogier Gartner & Cía. S.A.S. within the new entity.

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Sources

* Juniper Research | Payment Card Technologies 2022-2026

About Hogier Gartner & Cía. S.A.S.

Founded in 1953, Hogier Gartner & Cía. S.A.S. has been a flagbearer in the graphic arts industry, dedicating its human and technological resources to provide customers with cutting-edge printed products. Starting in 1983, the company expanded into plastic card printing for various purposes, eventually building the infrastructure needed for financial card manufacturing. By 1993, Hogier Gartner & Cía. S.A.S. started producing credit and debit cards and obtaining certifications from Mastercard and Visa International. Today, the company is providing a wide range of printing solutions. These solutions include the production and personalization of all kinds of smart cards, ranging from bank, transportation and transport cards to identification cards. Additionally, Hogier Gartner & Cía. S.A.S specializes in the manufacturing of promotional printing materials, including labels and packaging.

For more information, visit https://hogier.com/.

About The Toppan Group

Established in Tokyo in 1900, the TOPPAN Group is a leading and diversified global provider committed to delivering sustainable, integrated solutions in fields including printing, communications, security, packaging, décor materials, electronics, and digital transformation. The TOPPAN Group’s global team of more than 50,000 employees offers optimal solutions enabled by industry-leading expertise and technologies to address the diverse challenges of every business sector and society and contribute to the achievement of shared sustainability goals.

For more information, visit www.holdings.toppan.com/en/or contact www.linkedin.com/company/toppan/

About Toppan Gravity

Toppan Gravity is a subsidiary of Toppan Leefung, serving as the international development arm of the TOPPAN Group in the security domain. Being part of the most prestigious conglomerate in the industry with decades of experience and multiple well-known references, Toppan Gravity benefits from the TOPPAN Group’s strong market position and extensive expertise.
As a global solutions provider primarily focused on the payment and Identity industries, Toppan Gravity aims at developing the next generation of virtual and physical security documents. With the vision of becoming the forerunner in the secure ID and payment industry, the company focuses on driving synergies within the TOPPAN Group, through strategic acquisitions. Toppan Gravity empowers promising companies having state-of-the-art technology or businesses in emerging markets, including Asia, Africa, and Latin America to enhance their overall performance. Furthermore, the company enables its acquisitions to take advantage of the opportunities presented by its large, diversified group having numerous resources and extensive know-how.

For more information, visit www.africa.toppangravity.com | www.toppangravity.com or contact info@toppangravity.com.