Agfa Graphics intends to acquire the prepress
business of the privately-owned Spanish printing plate supplier Ipagsa
Industrial, Agfa announced.
The transaction excludes the printing plate manufacturing activities in
It’s expected that in 2019, this acquisition will contribute up to 30 million euro to Agfa Graphic’s top line with a double-digit EBITDA, according to Agfa.
''This acquisition is another step in our strategy for profitable growth. Next to a significant increase of our prepress top line, the acquisition will also help Agfa to achieve its EBITDA target of 10 percent in average over the next few years. Ipagsa’s experienced team will continue to operate under its own brand as a separate entity, managed by its current owner, Lorenzo Ferrari,'' says Stefaan Vanhooren, president of Agfa Graphics.
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