EFI takes big step into textile printing with acquisition of Reggiani
EFI announced its acquisition of Reggiani Macchine. Reggiani is an Italian manufacturer of textile printers with a complete line of industrial inkjet printers utilising water-based inks in printing on fabric. With this acquisition EFI becomes the market leader in this segment which according to FESPA and InfoTrend will be the next growth market. Reggiani Macchine will become EFI Reggiani. It has been bought for about €50 million and is complementary to EFI´s portfolio where only 3D printing is still missing. According to CEO Guy Gecht this is only a matter of time – thinking of the next takeover perhaps?
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