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MoreAgfa Graphics and Shenzhen Brothers announce go-live of joint venture Agfa Graphics Asia
Agfa Graphics and Shenzhen Brothers inform that the joint venture Agfa Graphics Asia, announced at the beginning of this year, has gone live on September 1, 2010.
August 02, 2010
Agfa Graphics Platinum Sponsor of SGIA Expo 2010
Agfa Graphics announced today that the company is a Platinum Sponsor of the 2010 SGIA Expo. Agfa has backed the annual event in recent years but increased its 2010 contribution to further expand the support of educational, research and business needs of users of digital technology. The 2010 SGIA Expo is being held at the Las Vegas Convention Center October 13th-15th.
July 15, 2010
Agfa Graphics acquires Pitman Company USA
Agfa Graphics announced that it has signed an agreement to purchase the assets of the Harold M. Pitman Company, a leading US supplier of prepress, industrial inkjet, pressroom and packaging printing products and systems. The Pitman Company acquisition substantially increases Agfa Graphics’ revenue in the US to more than $500 million. The incremental EBIT contribution is expected to be well in line with Agfa Graphics’ global 7 percent target. After the closing, Agfa expects further growth of its US top line resulting from the combination of expertise available in both companies. Agfa also expects strong synergies to be delivered from the consolidation of sales forces and the reduction of G&A expenses.
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