Durst Acquires Majority Stake In Vanguard Digital Printing
October 1, 2020. David Cich remains CEO while Jim Pe- terson continues to serve as Vice President of Sales. “It is with great humbleness and excitement that Van- guard Digital will now be a part of the world class industry
Brixen, Italy based Durst, a manufacturer of advanced digital printing and production technologies, is strength- ening its position in the US Graphics Industry with the ac- quisition of a majority stake in Vanguard Digital Printing Systems, headquartered in Lawrenceville, Georgia. Vanguard Digital is a leading manufacturer of printing systems for the signage, decoration, corporate, industrial and packaging sectors. With the acquisition, Durst adds new printer classes to its large format portfolio, while Van- guard now has a global distribution and service network
leading Durst Group,” said David Cich, CEO of Vanguard Digital Printing Systems. “Becoming a part of the Durst Group family provides Vanguard Digital the opportunity to expand its portfo- lio of innovative market leading UV Printers to the entire world.” “Vanguard’s printing systems
David Cich
have rightly achieved rapid growth and high customer acceptance in the North American market,” said Chris-
and technical resources to contin- ue developing robust solutions. “Vanguard Digital Printing Systems is a rapidly growing and very successful company in a customer segment in which we are currently not active,” said Tim Saur, President of Durst North America. “Through the combina-
toph Gamper, CEO and co-own- er of the Durst Group. “Despite the global pandemic, we are po- sitioning ourselves for the long term and are determined to in- vest in the large-format graph- ics market. In addition, with our technical expertise, Vanguard will continue to ensure that its
Tim Saur
tion 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 oper- ate as Vanguard Durst Digital Printing Systems effective
Christoph Gamper
products and services are industry-leading and a wider customer base will understand what it is like to be part of the Durst family.” Visit www.durst-group.com for more information.
22
www.boardconvertingnews.com
October 12, 2020
Made with FlippingBook - Online magazine maker