Kokuyo Camlin Ltd., formerly known as "Camlin Ltd.", is an
Indian Multinational stationery
Stationery refers to commercially manufactured writing materials, including cut paper, envelopes, writing implements, continuous form paper, and other office supplies. Stationery includes materials to be written on by hand (e.g., letter paper) ...
manufacturing company
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range ...
based in
Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...
. The company shares profits with of
Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
, which holds around 51% stake in Kokuyo Camlin after buying it in 2012.
[Japan's Kokuyo to buy Camlin in Rs366cr deal]
on ''The Times on India'', 31 May 2011
The company commercialises a wide range of products related to
art materials
Arts media is the material and tools used by an artist, composer or designer to create a work of art, for example, "pen and ink" where the pen is the tool and the ink is the material. Here is a list of types of art and the media used within tho ...
,
writing implement
A writing implement or writing instrument is an object used to produce writing. Writing consists of different figures, lines, and or forms. Most of these items can be also used for other functions such as painting, drawing and technical drawing, ...
s and office goods.
History
Camlin was established in 1931 by
D. P. Dandekar and his brother G. P. Dandekar, starting operations as "Dandekar & Co." with "Horse Brand" Ink powders and tablets in 1931, and shortly started producing "Camel ink" for fountain pens. It was incorporated as a
private company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is ...
in 1946, and then turned into a
public limited company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company ...
in 1998.
In May 2012,
Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
ese stationery major, "Kokuyo Co. Ltd", acquired a 50.74% stake in Camlin, the leading Indian manufacturer by then. Kokuyo paid 366
crore
A crore (; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is e ...
for the acquisition. Dilip Dandekar continued as chairman and managing director of the company. The deal intended to facilitate the entry of Kokuyo products, mainly paper and office stationery into the Indian market. On the other hand, Camlin aimed to increase its exports to other countries.
At the moment of the deal, Camlin had more than 2,000 products, mainly pencils, pastels, inks and markers. Also, Kokuyo retained the Camlin and Camel brands.
[Japan's Kokuyo to buy majority stake in Camlin]
by Arijit Barman & Viveat Susan Pinto on ''Business Standard'', 2 May 2011 That stake then would go up to 74.99% including a very small less than 1 percent stake of Dandekar family.
Products
Kokuyo Camlin's range of products include:
on Kokuyo Camlin website, 24 Nov 2019
See also
* Hindustan Pencils
* Kokuyo
References
External links
*
{{Authority control
Pen manufacturers
Manufacturing companies based in Mumbai
Manufacturing companies established in 1931
Multinational joint-venture companies
Indian brands
Indian companies established in 1931
Companies listed on the Bombay Stock Exchange
Indian companies established in 1946