Durst Imaging Technology, Brixen, Italy, recently acquired a majority stake in Vanguard Digital Printing Systems, Lawrenceville, Ga.
With the acquisition, Durst adds new printer classes to its large format portfolio, while Vanguard now has a global distribution and service network and technical resources to continue developing robust solutions, according to the company.
“Vanguard Digital Printing Systems is a rapidly growing and very successful company in a customer segment in which we are currently not active,” says Tim Saur, president of Durst North America. “Through the combination of high-quality products, a strong management team and absolute customer orientation, both companies are a perfect match.”
As part of the agreement, the new company will operate as Vanguard Durst Digital Printing Systems with effect from Oct. 1. David Cich remains CEO, while Jim Peterson continues to serve as vice president of sales.
“It is with great humbleness and excitement that Vanguard Digital will now be a part of the world class industry leading Durst Group,” says David Cich, CEO of Vanguard Digital Printing Systems. “Becoming part of the Durst Group Family, provides Vanguard Digital the opportunity to expand its portfolio of innovative market leading UV Printers to the entire world.” — D.S.
