JCM Global sells equity shares back to Nanoptix

NEW BRUNSWICK -- (PRESS RELEASE) -- JCM Global and Nanoptix Thermal Printers of Dieppe, New Brunswick, Canada have agreed to a Share Purchase Agreement whereby Nanoptix, through a successor entity, has purchased JCM’s 49% common equity interest in Nanoptix.

Over the past four years, JCM has acted as both distributor and most recently as equity owner of Nanoptix, successfully marketing and selling Nanoptix products under the JCM portfolio.

“We have enjoyed a mutually beneficial relationship with Nanoptix for several years. The selling of our shares in Nanoptix was an expected evolution in the planned history of our relationship, and we wish the company nothing but the best in their future endeavors,” said Tom Nieman, JCM Global VP of Sales and Marketing.