- January 12, 2012
FOSTER CITY, CA | EFI, supplier of digital printing equipment, announced on January 10 it has acquired privately held Cretaprint S.L. based in Castellón, Spain, a developer of inkjet printers for ceramic tile printing.
Guy Gecht, CEO of EFI, says, “As evidenced by our record revenues, we are benefitting from strong traction in our industrial inkjet segment and are excited about expanding into the ceramic tile market, which represents a tremendous growth opportunity for EFI. We have been tracking the swift transformation from analog to digital technology in tile imaging for quite some time and have been deeply impressed with the fast growth and global leadership position of Cretaprint.”
The 2011 Industrial Printing Survey Report from the Specialty Graphic Imaging Assn. (SGIA) indicates that more than 75% of its members utilize digital printing and also consider ceramic tile printing to be a strong market opportunity.