Siegwerk Druckfarben AG & Co. KGaA (Siegburg, Germany), one of the leading international suppliers of printing inks for packaging applications and labels, and Agfa Graphics, a leading supplier in prepress offset and inkjet printing, have entered into a strategic alliance for digital packaging inks. The contract signed between the two companies includes a business transfer from Agfa Graphics to Siegwerk of a selected OEM customer list, access to expertise, intellectual property and services in the domain of UV curable digital inkjet inks for the single-pass packaging and labels industry. No financial details were disclosed.
“This strategic alliance is a perfect fit for both of us,’’ said Tom Cloots, Director Industrial Inkjet Agfa NV. “Packaging and label printers are increasingly attracted by the performance and quality of the Agfa inks that are used in a wide variety of printing systems. With this deal, we allow Siegwerk to extensively leverage on our strong network with OEM printhead and equipment manufacturers, as well as on our know-how and intellectual property in the domain of UV curable digital inks for packaging. At the same time, Agfa continues to focus on the other domains of the growing industrial print segment where Agfa has stronger market access potential.”
“With this deal we’re bridging the best of two worlds. While we will continue to rely on Agfa’s existing strong collaboration with OEMs and printhead manufacturers, we’ll be able to offer our packaging market access and application know-how to these new partners,” said Matthieu Carni, Director, Business Unit Inkjet, Siegwerk. Both firms will work closely together to ensure a handover of business without any interference for the customers of both companies. Agfa will continue to manufacture on behalf of Siegwerk for several months, to support a smooth transition for customers. After the transition period, Siegwerk will produce the new inks and varnishes according to the highest quality and safety standards at its own inkjet manufacturing centre in Annemasse, France. With its global commercial network, Siegwerk will then be able to offer its new UV inkjet portfolio to customers worldwide.