Oji Paper acquires Swiss digital photo papermaker

TOKYO — Oji Paper Co announced Monday it has acquired Ilford Imaging Switzerland GmbH, a specialized producer of paper for use in printing digital photos using inkjet printers.

The takeover will help Oji Paper establish a foothold in Europe and boost earnings at a time when the widening diffusion of digital cameras and home-use printers is boosting the demand for paper for inkjet printers, Oji Paper said in a statement.