CompanyMergers & AcquisitionsEFI and Agfa to Merge Digital Print Businesses

EFI and Agfa to Merge Digital Print Businesses

Electronics For Imaging (EFI) and Agfa are merging their Digital Print Solutions businesses into a new, independent industrial inkjet company. This combination integrates their technology portfolios, manufacturing, and global sales networks to accelerate innovation and growth across the packaging, sign, and textile print markets.

Electronics for Imaging, Inc. (“EFI”), a leading industrial inkjet business and portfolio company of Siris, and Agfa-Gevaert (“Agfa”) have announced a definitive agreement to combine Agfa’s Digital Printing Solutions business (“Agfa DPS”) with EFI.

An affiliate of Siris will hold a 60% interest and Agfa will hold a 40% interest in the jointly held company, which will bring together the operating capabilities of EFI and Agfa DPS under a governance structure whereby Siris and Agfa will act as equal partners. The agreement follows the global partnership EFI and Agfa established in 2024, which enabled both companies to expand their product offerings through access to complementary technologies.

The combined company will draw on a broader base of inkjet expertise spanning print engines, inks, software and workflow, shortening the path from development to production for customers.

Pascal Juéry, CEO of Agfa-Gevaert has said:

“Today’s announcement reflects our long-term commitment to digital printing and our conviction in the future of the industry. By bringing together Agfa DPS and EFI, we are creating a stronger business with greater scale, broader access and enhanced innovation capabilities. Rather than continue as a standalone business, we are choosing to partner with Siris to unlock the next phase of accelerated growth for our DPS business while maintaining meaningful upside for Agfa’s stakeholders.”

Vincent Wille, President of Agfa DPS, adds:

“At Agfa, we believe this combination can help accelerate the adoption of digital printing across the industry. By combining technology leadership, global reach and deep application expertise, we can help our customers achieve new levels of productivity, agility and sustainable growth, enabling them to innovate faster, reduce waste and create lasting value across the entire print ecosystem.”

About EFI and Agfa

EFI is a big global player in industrial inkjet printing. They help companies move from old‑style analogue printing to modern digital printing, and the company is strong in fast “single‑pass” printers for cardboard packaging, as well as large roll‑to‑roll, hybrid, and textile printers. Their main product families are EFI Nozomi, VUTEk, and Reggiani.

Agfa are good at printers for signs, décor materials, and packaging. Their updated product lineup includes the Jeti TAURO, Onset PANTHERA, and SpeedSet ORCA printers.

By joining forces, EFI and Agfa DPS expect to bring in about €540 million (around $625 million) in revenue in 2026. The combined organisation is projected to serve thousands of customers in more than 100 countries, with strong coverage in both North America and Europe and a worldwide sales and support network.

Frank Pennisi, CEO of EFI, comments:

“Our partnership with Agfa over the past two years has highlighted the strength of our complementary technologies, expertise and teams. This combination is a natural next step that allows us to build on that momentum with a broader platform, accelerating innovation and expanding the solutions we can deliver to customers across industrial inkjet.”

The proposed transaction is expected to close by the end of 2026 and is subject to customary employee information and consultation processes, regulatory approvals and closing conditions.

This article contains forward-looking statements, and caution should be exercised when relying on such information that may or may not occur in the future.

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Trish Stevens Head of Content
Trish is the Head of Content for In the Channel Media Group. [email protected]

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