Grimco Acquires Agfa’s Wide- and Grand-Format Media Portfolio
This move marks Grimco's entrance into the U.S. grand-format printing market.
St. Louis-based Grimco Inc., a wholesale sign supply company, announces its acquisition of Agfa Corp.’s business relating to certain third-party manufactured wide-format products such as flexible, rigid and aqueous substrates, along with certain HP– and Epson-manufactured printing equipment and inks.
Agfa is a Belgium-based wide-format printer manufacturer with its U.S. operations based in Elmwood Park, New Jersey.
“Grimco is extremely excited to acquire this segment of Agfa Corp.’s business,” says Keith Pittillo, president of Grimco’s U.S. division. “We will be adding some very talented and knowledgeable employees across the country with decades of experience in our industry. Plus, this acquisition adds the Duratex Media product line to our portfolio, which positions Grimco to better serve our entire customer base.”
With the acquisition of Agfa Corporation’s third-party media segment, Grimco says it is also moving into the commercial grand-format printing market.
“We look forward to serving all of the great customers from this division of Agfa and also plan to add more resources to this business for future growth in the grand-format arena,” says Pittillo.