Durst Acquires Majority Stake in Vanguard Digital Printing
Durst (Brixen, Italy) has announced the acquisition of a majority stake in Vanguard Digital Printing Systems (Lawrenceville, GA).
According to a statement from Durst, with the acquisition of Vanguard Digital, a manufacturer of printing systems for the signage, decoration, corporate, industrial and packaging sectors, Durst adds new printer classes to its large format portfolio, while Vanguard now has a global distribution and service network, and technical resources to continue developing new products.
As part of the agreement, the new company will operate as Vanguard Durst Digital Printing Systems with effect from Oct. 1. David Cich remains CEO while Jim Peterson continues to serve as vice president of sales.
“It is with great humbleness and excitement that Vanguard Digital will now be a part of the world class industry leading Durst Group,” said Cich, CEO of Vanguard Digital Printing Systems. “Becoming part of the Durst Group Family provides Vanguard Digital the opportunity to expand its portfolio of innovative market leading UV Printers to the entire world."
"Vanguard's printing systems have rightly achieved rapid growth and high customer acceptance in the North American market," said Christoph Gamper, CEO and co-owner of the Durst Group. “Despite the global pandemic, we are positioning ourselves for the long term and are determined to invest in the large-format graphics market.”
For more information, visit durstus.com.
Vanguard Digital Printing, a Durst Group Company
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