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Belgium's Agfa to merge digital printing unit with Siris’ EFI

Belgium's Agfa to merge digital printing unit with Siris’ EFI

- Belgian imaging and IT firm Agfa AGFB.BR will combine its digital printing unit with Siris' industrial inkjet maker EFI to form a jointly owned global business, the companies said on Monday.

Investment firm Siris, which owns EFI, will hold a 60% stake in the joint venture, while Agfa will hold the remaining 40% under an equal partnership governance structure.

  • Siris will buy a 19.1% stake in Agfa from Active Ownership, Agfa's largest shareholder

  • The venture will merge EFI's packaging and textile printers with Agfa's display graphics and decor applications

  • The combined business is expected to generate around €540 million ($615 million) in pro forma revenue in 2026

  • The deal is expected to close by the end of 2026, subject to regulatory approvals and customary closing conditions

($1 = 0.8787 euros)


(Reporting by Lucie Barbier in Gdansk, editing by Milla Nissi-Prussak)

((Email: lucie.barbier@thomsonreuters.com))

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