Agfa-Gevaert Group Divests Offset Solutions to Focus on Emerging Market Segments

Agfa-Gevaert Group Divests Offset Solutions to Focus on Emerging Market Segments

(IN BRIEF) Agfa-Gevaert Group has successfully sold its Offset Solutions division to AURELIUS Group, an alternative investment firm. As per the terms of the agreement, Agfa-Gevaert Group will continue to provide particular consumables and services, including film, to its former division. This sale will enable Agfa to concentrate on other growing market segments, which is crucial for the company’s future success. Pascal Juéry, CEO and President of the Agfa-Gevaert Group, expressed gratitude to employees for their dedication and loyalty over the years and stated that the transaction is a significant milestone in the company’s transformation journey.

(PRESS RELEASE) MORTSEL, 4-Apr-2023 — /EuropaWire/ — Agfa-Gevaert N.V. (EBR: AGFB), a Belgian-German multinational corporation that develops, manufactures, and distributes analogue and digital imaging products, software, and systems, has announced the successful completion of the sale of its Offset Solutions division to AURELIUS Group, an alternative investment firm. As part of the share purchase agreement, Agfa-Gevaert will continue to supply certain consumables and services, including film, to its former division.

“The sale of our Offset Solutions division is an important step in our transformation journey. I want to thank all Offset Solutions employees for their professionalism, dedication and loyalty over the years and wish them all the best in the future. I am confident that with AURELIUS, they will continue a track record of innovation and leadership.

“In turn, this transaction will allow Agfa to focus on other growing market segments, which is crucial for our future success,” said Pascal Juéry, President and CEO of the Agfa-Gevaert Group.

About Agfa-Gevaert
The Agfa-Gevaert Group is a leading company in imaging technology and IT solutions with over 150 years of experience. The Group holds three divisions: Radiology Solutions, HealthCare IT and Digital Print & Chemicals. They develop, manufacture and market analogue and digital systems for the healthcare sector, for specific industrial applications and for the printing industry. In 2022, the Group (including the Offset Solutions division) realized a turnover of 1,857 million Euro.

Contact:
Viviane Dictus
Director Corporate Communications
tel. +32 0 3 444 7124
e-mail: viviane.dictus@agfa.com

SOURCE: Agfa-Gevaert N.V.

MORE ON AGFA, ETC.:

Follow EuropaWire on Google News
EDITOR'S PICK:

Comments are closed.