EFI has acquired Matan Digital Printers and Reggiani Macchine.
EFI CEO Guy Gecht said, ‘The Matan acquisition gives EFI an even broader range of products to help our customers capture important opportunities in super-wide format display graphics printing. Matan’s strong R&D capability will further accelerate EFI’s inkjet innovation, while filling a key spot in EFI’s portfolio for a lower-acquisition cost line of roll-to-roll production printers focused on signage, banners, billboards and fleet graphics.’
Of the Reggiani Macchine purchase Gecht said, ‘This acquisition gives EFI an immediate leadership position in one of the world’s largest industries undergoing the transformation from analogue printing to digital. The addition of Reggiani’s innovative team and its ‘Made in Italy’ textile printing technology enables EFI’s customers to expand into soft signage-based display graphics using Reggiani’s water-based industrial inkjet printers.’
Reggiani’s workforce of approximately 190 employees will join EFI. The company’s inkjet technologies will be rebranded as EFI Reggiani, and address the full scope of digital textile printing, with printers suitable for water-based dispersed, acid, pigment and reactive dye printing inks.
Matan’s 70 employees have joined EFI, and former Matan president and CEO Hanan Yosefi has become vice president and general manager, EFI Inkjet Israel.