MEINRAD is part of Toppan Digital Language

Press Release from Toppan Digital Language

London, July 10th, 2024

Toppan Digital Language acquires Austrian LSP MEINRAD

Toppan Digital Language (TDL) is delighted to announce that it has acquired Austria-headquartered language services provider, MEINRAD. The acquisition marks a first step in TDL's expansion into the DACH region and is aligned with our focus on regulated and high-risk content.

MEINRAD was established in 1993 and has a long history and strong reputation of providing high-quality language services to its customers, as well as technology-enabled solutions, including integrations with specialist content management software. MEINRAD holds ISO certifications 9001, 17100, 18587 and 13485 (Medical Devices).

We are thrilled to welcome the exceptional team from MEINRAD, led by Meinrad Reiterer, who will be staying with the business. Their expertise will help accelerate our growth and deliver cutting edge vertical solutions to our customers. TDL looks forward to supporting the company in its growth plans, including through shared access to TDL's global operating platform and our investment in technology. In due course, MEINRAD will start trading under the Toppan Digital Language name.

Meinrad Reiterer commented, "Joining forces with Toppan Digital Language is a fantastic opportunity to expand our reach while maintaining our shared commitment to excellence. It will enable both companies to even better serve our clients with leading edge technology and expertise while drawing from our rich culture of customer-centredness."

Alexandra Jarvis, Chief Strategy Officer of Toppan Digital Language said, "From our first meeting with the Meinrad team, we knew that our cultures of customer service and innovation were aligned. We are very pleased to welcome all the team to join us on our growth journey. We look forward to working with Meinrad's excellent roster of clients, building on the strong foundations built by the team so far. This is our third acquisition since 2021, and we see our strategy of organic investment on top of acquisitions is paying off, delivering 36% organic growth in 2023 and a similar level in 2024."

About Toppan Digital Language

TDL is a technology-enabled language service provider headquartered in London, with operations across the USA, Europe and Asia and specialized in the localization of business-critical content. We are proudly a subsidiary of Toppan Next, headquartered in Singapore, and our ultimate parent company Toppan Holdings Inc, a Japanese-headquartered public company, traded on the Tokyo Stock Exchange and with 55,000 employees worldwide.

www.toppandigital.com

- Toppan Digital Language