Agfa-Gevaert acquires dotrix
Jan 6, 2004 12:00 PM, by AP staff
Agfa-Gevaert (Mortsel, Belgium) has reached an agreement with Barco (Ghent, Belgium) to acquire the assets and all staff of dotrix NV, a Belgian-based company that develops, manufactures and sells digital color printing products for industrial applications. The price of the transaction is about 6 million Euros (approximately $7.6 million).
“This acquisition fits in our growth strategy for Graphic Systems,” says 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’s product line includes a high-speed, full-color, industrial digital press, the.factory, based on inkjet technology and UV inks.
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