Agfa sells Duratex Media business of wide and grand format substrates to Grimco

July 09, 2019

Effective today, Agfa Corporation (USA) announces the sale of its Duratex® Media business of wide and grand format substrates to Grimco Inc., a leading national supplier of wholesale sign supplies, substrates and sign printing equipment.

In addition, Grimco will acquire Agfa’s business relating to the purchase and resale of certain third-party manufactured wide format products such as flexible, rigid and aqueous substrates (“Media”); and certain HP and Epson manufactured printing equipment, inks and related service and maintenance activities.

Since its acquisition of Pitman nearly 10 years ago, Agfa Corporation has grown the Duratex brand and is a leading player in the North American market of wide and grand format substrates.

Selling media has been a successful part of our Digital Print business, but we believe it is better positioned with a company whose total focus is distribution to propel it to the next level of growth,” said Gunther Mertens, President, Agfa North America. “At its core, Agfa is a manufacturer of world leading software, imaging systems and consumables. It is in that pursuit, we feel Agfa provides the highest value to its clients. This realignment allows us to focus on our core business segments and invest more in our relevant markets; Offset and Sign& Display and Industrial Print.”

Agfa remains fully committed to our wide format inkjet segment with continued investment in new products and technologies, including our award-winning Anapurna and Jeti grand format printing equipment, Agfa inks, world-class service and finishing equipment.

Share or Email this content
Graphic Display World

Email us your news, PR, case studies to [email protected]

Roland DG (UK) Ltd - VersaUV Double Your Profits
PRINTING United 2019 Opens In... October 23, 2019 10:00 AM 7
FESPA Global Expo 2020 Opens In... March 24, 2020 11:00 AM 160
Sign & Digital UK 2020 Opens In... April 28, 2020 10:00 AM 195
drupa 2020 Opens In... June 16, 2020 10:30 AM 244
Your 300 x 300 Banner Here
The Print Show 2020 Opens In... September 27, 2020 10:00 AM 347

The UK's coolest wide format printing trade press website specialising in providing punchy and concise up-to-the-minute news, views and industry opinions ...


SEARCH