Agfa-Gevaert Group acquires British printer manufacturer
The Agfa-Gevaert Group will acquire the British company Inca Digital Printers. The Belgian imaging and IT specialist announced this in a press release on Wednesday.
The acquisition strengthens Agfa's position in high-speed digital printing and reinforces its focus on the packaging printing markets.
"The Inca acquisition is a major step in Agfa’s transformation," President and CEO Pascal Juéry says. "Digital printing is a profitable growth engine for the Group with a tremendous potential that will be further accelerated by the addition of Inca."
Inca Digital Printers, headquartered in Cambridge, UK, develops and manufactures advanced ultra-fast printing and production technologies for sign & display applications and for the rapidly growing digital packaging printing market.
"The acquisition by Agfa allows us to combine our technological knowhow and will enable us to become a leading digital packaging press manufacturer worldwide," Inca Digital Printers CEO Stephen Tunnicliffe-Wilson says. "Our new parent has shown long term commitment to the digital printing market and we are extremely proud and look forward to becoming part of the Agfa family."
Currently, the Agfa-Geveart Group consists of four divisions: Radiology Solutions, HealthCare IT, Digital Print & Chemicals and Offset Solutions. The group develops, manufactures and sells analogue and digital systems for the healthcare sector, for specific industrial applications and for the printing industry. In 2021, Agfa-Gevaert's turnover amounted to EUR 1,760 million.
© Belga Photo Kristof Van Accom - Illustration picture shows the Agfa-Gevaert plant in Mortsel.