Inca Digital Printers is a UK-based developer and manufacturer of advanced high speed printing and production technologies for the rapidly growing digital printing market for packaging as well as for sign and display applications. The Agfa-Gevaert Group announced that it will acquire Inca Digital Printers, subject to meeting and obtaining customary conditions and approvals.
The acquisition strengthens Agfa’s position in high speed digital printing and brings an additional focus on packaging printing markets. Inca is an ideal partner for Agfa, bringing a complementary portfolio of printing solutions of the highest standard and a strong technological platform to launch robust single pass printing presses for the packaging market.
‘The Inca acquisition is a major step in Agfa’s transformation. Digital printing is a profitable growth engine for the Group with a tremendous potential that will be further accelerated by the addition of Inca,’ said Pascal Juéry, President and CEO of the Agfa-Gevaert Group.
The acquisition encompasses the portfolio of existing high speed multi pass printers, including a strong service organisation; a newly designed line of single pass printers for several packaging applications as well as a joint development of a customised in-line Print Engine in collaboration with leading corrugator manufacturer BHS Corrugated.
Stephen Tunnicliffe-Wilson, CEO/CTO of Inca Digital Printers Ltd. said, ‘The acquisition by Agfa allows us to combine our technological know-how and will enable us to become a leading digital packaging press manufacturer worldwide. 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.’
Vincent Wille, President of Agfa’s Digital Print and Chemicals division, commented, ‘The combination of Inca Digital’s manufacturing know-how and Agfa’s technical expertise, worldwide presence and excellent service networks will allow us to bring unparalleled printing solutions to our customers and to adapt seamlessly to their needs in this rapidly evolving space. This investment leverages and strengthens our position in the high-end and high speed wide format market as a whole and specifically in the promising packaging segment.’
AGFA GRAPHICS
+27 11 921 4684
dave.reynolds@agfa.com
http://www.agfa.com
