EFI Acquires Cretaprint to Enter Ceramic Tile Printing Market with Inkjet Printers

Ceramic Tile Printing Market Outlook

In a conference call with industry journalists and analysts, Ghilad Dziesietnik, chief technology officer of EFI, discussed the Cretaprint S.L. acquisition and the market opportunity that industrial inkjet provides for ceramic tile printing. With some 12,000 to 15,000 ceramic tile manufacturing lines, most of those lines are suited for Cretaprint inkjet printers to replace the lines' current screen printing processes.

In the next three years, EFI aims to capture roughly 25 percent of the digital ceramic printing market, he said. Key competitiors include Durst and Hope, a Chinese company.

As a major manufacturer of inks for its VUTEk and Rastek wide-format printers, EFI also plans to analyze whether it makes sense to manufacture consumables for ceramic tile printing applications, according to Dziesietnik.

FOSTER CITY, CA—Jan. 10, 2012—Electronics For Imaging has acquired privately-held Cretaprint S.L. for approximately $31 million and an earn-out of up to $21 million based on growth targets for 2012 and 2013. Cretaprint, with headquarters in Castellón, Spain, is a leading developer and supplier of inkjet devices for printing on ceramic tiles.

1 2 3 4 5 6 7 8 9 All Next »

0 Comments

View Comments