EFI Extends its Reach into Textile and Grand Format Segments via the Acquisitions of Reggiani and Matan
Jul 7, 2015
On July 1st EFI made two announcements: One was the acquisition of the Israeli Matan Digital Printer, a supplier of grand format printing solutions and the second was the acquisition of Reggiani Macchine a supplier of high end textile printing equipment.
Both acquisitions are part of EFI’s stated strategy to invest and grow its product portfolio in adjacent markets and technologies. Workflow and inkjet have been at the forefront of acquisitions by EFI in the past and is likely to continue in the future as this strategy evolves. This strategy enables EFI to leapfrog some graphic arts suppliers and enter into industrial segments that are emerging as adopters of digital technology as a means to dramatically change their respective industry segments’ supply chains and transition mass production markets into mass customization digitally enabled segments. Read more »