Agfa Corporation has sold its Duratex Media business
of wide and grand format substrates to Grimco, a national supplier of wholesale
sign supplies, substrates and sign printing equipment.
In
addition, Grimco is acquiring Agfa's business relating to the purchase and
resale of certain third-party manufactured wide-format products such as
flexible, rigid and aqueous substrates, and certain HP and Epson manufactured
printing equipment, inks and related service and maintenance activities.
Since its
acquisition of Pitman nearly 10 years ago, Agfa has grown the Duratex brand,
the company says.
“Selling
media has been a successful part of our digital print business, but we believe
it is better positioned with a company whose total focus is distribution to
propel it to the next level of growth,” said Gunther Mertens, president, Agfa
North America. Agfa is headquartered in Belgium
Agfa and
Grimco have also entered into an agreement for Grimco to become a nation-wide
authorized reseller in the United States of Agfa's Anapurna inkjet printer
portfolio.
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