Agfa Graphics plans to acquire Ipagsa’s prepress business
Agfa Graphics intends to acquire the prepress business of the privately-owned Spanish printing plate supplier Ipagsa Industrial, Agfa announced.
e transaction excludes the printing plate manufacturing activities in Barcelona, Spain. e printing plate volumes to be acquired will be partly integrated in Agfa's global manufacturing network and partly procured from third-party suppliers.
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.
'' is acquisition is another step in our strategy for profitable growth. Next to a signi cant increase of our prepress top line, the acquisition will also help Agfa achieving 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.