The Agfa-Gevaert Group announced 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, the company said.
“The Inca acquisition is a major step in Agfa’s transformation further,” said Pascal Juéry, President and CEO of the Agfa-Gevaert Gro. Digital printing is a profitable growth engine for the Group with tremendous potential that will be accelerated by the addition of Inca.”
Inca Digital Printers is a Cambridge UK-based leading developer and manufacturer of advanced high-speed printing and production technologies for sign and display applications as well as for the rapidly growing digital printing market for packaging. Inca brings 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 acquisition encompasses the portfolio of existing high-speed multi-pass printers, including a strong service organization; a newly designed line of single-pass printers for several packaging applications as well as a joint development of a customized in-line Print Engine in collaboration with leading corrugator manufacturer BHS Corrugated.
“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,” said Stephen Tunnicliffe-Wilson, CEO/CTO of Inca Digital Printers Ltd. “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.”