At the pre-drupa media conference, EFI CEO Guy Gecht announced an acquisition of UK-based Rialco LLC, which is one of Europe’s leading suppliers of dye powders and color products for the digital printing and industrial manufacturing industries. Rialco will operate as part of EFI’s industrial inkjet business under the management of Stephen Emery, vice president of the Ink Business and Jetrion at EFI. EFI aims to reach a billion US$ in revenue this year, Gecht announced.
EFI also announced that it will launch a single pass press for corrugated packaging at drupa, which it claims will offer a significantly lower purchase price than rival systems. It will be based on a new aqueous UV ink technology, which is enabled in part by its acquisition of UK-based colourant specialist Rialco.
“The new machine combines some of our great concepts,” said EFI CEO Guy Gecht. “It uses our experience of single-pass printing in a tough industrial environment from CretaPrint, the in-line digital finishing capabilities of the Jetrion and the image quality of the Vutek. And we will make it a lot more affordable than anyone else attempting to go into the digital packaging market.” Gecht promised that the machine would be the first of a range using a new platform that in time would also address signage, labels and textiles.
EFI also announced that users of its Prinance MIS and Printy MIS who are on maintenance contracts will be able to switch to EFI PrintSmith free of charge. The announcement follows EFI’s acquisition of Alphagraph, which developed Printy and the former Heidelberg MIS, Prinance, both of which were predominantly sold in German-speaking countries.