Agfa Obtains Gandi Innovations
MORTSEL, BELGIUM—Agfa Graphics announces that it has reached an agreement to acquire most of the assets of Gandi Innovations Holdings’ North American operations and the shares of its principal foreign subsidiaries. Gandi Innovations specializes in large-format ink-jet systems. Since May 2009, it has been operating under CCAA protection in Canada and Chapter 15 protection in the United States. The acquisition is subject to regulatory and court approval and the successful closing of the transaction.
manroland Debt Paid Down
FRANKFURT, GERMANY—German concerns Allianz SE and MAN SE are paying off the remaining debt owed by manroland, the press manufacturer jointly owned by the two companies. Gerd Finkbeiner, CEO of manroland, told a newspaper here that ownership will replace the remaining liabilities entirely with equity.
Skyblue Makes Print Debut
MINNEAPOLIS—Skyblue Graphic Services, the brainchild of industry veteran Randy Blackorbay, has opened its doors for business. The Native American-owned company specializes in printed shopper marketing messages for retailers, brand marketers, service providers and entertainment venues. According to its Website, Skyblue provides in-store signage, displays, promotional package coupons, pressure-sensitive labels, commercial printing, and cards and sales kits, among other things.
Xerox Intros EPS Solution
ROCHESTER, NY—Xerox Corp. has unveiled its Enterprise Print Services (EPS), a solution designed to help companies better manage documents across their global print infrastructure, from the office to the in-house print center to the virtual workplace. Incorporating EPS reportedly reduces the cost of printing, sharing and updating everything from a home worker’s 50-page proposal to full-color marketing brochures.
Mount Royal Acquires Jarboe
BALTIMORE—Mount Royal Printing, based here, has acquired the sales assets of Jarboe Commercial Printing, Washington, DC. NAPL Print Consulting Services advised Mount Royal Printing in the deal. The move allows Mount Royal to expand its presence in the nation’s capital. Gary Cayce, president of Mount Royal, anticipates sales in the $7.5 million range in 2010 due to the acquisition and a new sales office in Beltsville, MD.