Electronics For Imaging (EFI) says the acquisition of Turkey-based BDR Boya Kimya, a leading manufacturer of reactive inkjet inks for industrial digital textile printing, will boost its EFI Reggiani business in key textile markets. The deal comes three weeks after the digital printing technology manufacturer said it was being sold for $US1.7 billion to a private equity firm.
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| EFI releases the Reggiani BOLT textile printer (Nov 2018) |
BDR is being integrated into EFI Reggiani, a global leader in textile printer technology, and it will continue to develop inks, working closely with and supporting its clients while expanding and growing its capabilities.
BDR’s employees are joining EFI, working from their current sites in Turkey. Financial terms of the acquisition were not disclosed.
“We are excited to have the BDR team on board and to fully support their industry-leading customers,” said EFI Reggiani Vice President and General Manager Adele Genoni.
“The synergies arising with BDR and the world-class portfolio of EFI Reggiani textile printers will be a key point of emphasis for us to continue providing high-quality products and innovation. EFI Reggiani is also significantly strengthening its presence in Turkey with this acquisition, which brings us to the heart of an important and growing textile hub.”
Founded in 2016, BDR services many of the world’s top textile and apparel manufacturers, delivering cost-efficiency and quality in digital printing.
“BDR has always been very focused on the growing worldwide opportunity with digital to increase sustainability in the textile industry using high-performance and quality inks,” said Serra Saatcioglu Yildiz and Ibrahim Demir, BDR’s co-founders. “EFI’s global, best-in-class Reggiani portfolio fits exactly with our own key goals for innovation and growth. We are excited to be joining EFI to work together on advancing the industry’s analogue-to-digital printing transformation.”
EFI Reggiani is a leading, state-of-art technology provider with an extensive line up of industrial textile inkjet printers utilizing water-based inks. It is part of a complete EFI ecosystem of advanced products for textile design and production, including EFI Fiery proServer digital front ends and Fiery DesignPro software, and the EFI Optitex 2D and 3D integrated platform for product development and design. For more information on EFI products for industrial textile design and manufacturing, visit www.efi.com
In April 2019, EFI signed a deal to be acquired by an affiliate of New York-based Siris Capital Group, in an all-cash transaction valued at approximately $US1.7 billion.
