Agfa closes acquisition of Inca Digital Printers

The acquisition encompasses the portfolio of existing high-speed multi-pass printers

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Agfa
Agfa acuire Inca digital Printers. Photo Inca Digital Printers

The Agfa announced today that it has closed the acquisition of Inca Digital Printers, which was announced on April 20. This acquisition is an important step toward the achievement of Agfa’s ambitious growth targets and strengthens the Group’s position in the sign and display and industrial printing markets.

The acquisition encompasses the portfolio of existing high-speed multi-pass printers, including a strong service organization, a newly designed line of single-pass printers for several packaging applications as well as a joint development of a customized in-line Print Engine in collaboration with leading corrugator manufacturer BHS Corrugated.

“I am pleased that we are now able to start integrating Inca’s activities into our organization. This acquisition is a major step in the transformation of our Group. Our digital printing growth engine has a tremendous potential, which will be further accelerated by the addition of Inca,” said Pascal Juéry, president and chief executive officer of the Agfa-Gevaert Group.

Inca Digital Printers is a Cambridge UK based leading developer and manufacturer of advanced high-speed printing and production technologies for sign and display applications as well as for the rapidly growing digital printing market for packaging. Inca is an ideal partner for Agfa, bringing a complementary portfolio of printing solutions of the highest standard and a strong technological platform to launch robust single-pass printing presses for the packaging market.

Vincent Wille, president of Agfa’s Digital Print and Chemicals division, comments, “The combination of Inca Digital’s manufacturing know-how and Agfa’s inks, technical expertise, worldwide presence and excellent service networks makes this a great opportunity to grow in the fast-moving packaging business. We now can take our position with high-end and high-speed systems in both the sign & display and the developing carton and corrugated markets.”

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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