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Agfa Takes Dotrix Into Its Stable
Agfa-Gevaert has reached an agreement with Barco to acquire the assets and all staff of Dotrix NV, the Belgian based company that develops, manufactures and sells digital colour printing systems.
Agfa-Gevaert has reached an agreement with Barco to acquire the assets and all staff of Dotrix NV, the Belgian based company that develops, manufactures and sells digital colour printing systems for industrial applications.
The price of the transaction is around six million Euros.
"This acquisition fits in our growth strategy for graphic systems," said Albert Follens, member of Agfa's board of management and general manager of Graphic Systems.
"Dotrix will allow us to take position in the markets of digital printing and to gain larger access to industrial printing niches such as decoration, packaging and security printing." Dotrix employs approximately 75 staff and its turnover in 2003 is estimated at close to five million Euros.
Rob Haak, chief executive of Dotrix commented: "End-users will benefit from new product offerings and extended services which will lead to increased customer satisfaction.
With improved time-to-market and Agfa's recognised brand name we expect to rapidly expand our customer base." Dotrix's printing systems consist of a high-speed full-colour industrial digital press based on UV inkjet technology, a raster image processor for driving the digital press and workflow software to support the different applications.
"We fully recognise the value of Dotrix's innovative developments in inkjet technology.
We are planning to add the experience and skill set of the Dotrix staff to our own internal expertise in imaging.
Consistent print quality requires a balanced integration of print engine, printing ink and substrates.
We believe that this acquisition will give us a maximum synergy to offer cost-effective digital printing solutions in rapidly growing applications, such as packaging, label printing, decoration, object printing and security," added Jan Van Daele, head of imaging solutions at Agfa.
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