Business Management

Agfa Sells Duratex Media Business to Grimco

The deal is effective immediately.

Published

5 years ago

July 1, 2019

Agfa Corp. (Elmwood Park, NJ) has announced the sale of its Duratex Media business of wide and grand format substrates to Grimco Inc. (Fenton, MO).

Additionally, Grimco has acquired Agfa’s business relating to the purchase and resale of certain third-party manufactured wide-format products such as flexible, rigid and aqueous substrates (“Media”); and certain HP and Epson manufactured printing equipment, inks and related service and maintenance activities.

“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.

For more information, visit agfa.com or grimco.com.

Related Topics:Business Management Midwest Northeast

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