Agfa Acquires Pitman Co.

Agfa Graphics' addressable market will increase substantially, thanks to the addition of numerous product lines to its offering, including flexographic printing plate solutions for the packaging industry, pressroom products and value-added services. Moreover, Agfa Graphics reports it will be able to complement its own developed industrial inkjet offering with the addition of a range of media, new inks and wide-format printing systems.

"Pitman's strong distribution network and broad portfolio of products and systems, combined with our leading technology, will provide us with promising growth opportunities in this strategically important region. One glance at Pitman's extensive catalog is enough to understand that we will considerably expand our scope," says Stefaan Vanhooren, president of Agfa Graphics. "One of the main drivers behind this decision was the fact that we gain a unique opportunity to significantly grow our inkjet business."