Durst, a manufacturer of advanced digital printing and production technologies, has announced the acquisition of majority stake in Vanguard Digital Printing Systems – 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 Vanguard now has a global distribution and service network and technical resources to continue developing robust solutions.
Christoph Gamper, CEO and co-owner of the Durst Groupcommented "Vanguard's printing systems have rightly achieved rapid growth and high customer acceptance in the North American market. Despite the global pandemic, we are positioning ourselves for the long term and are determined to invest in the large-format graphics market. In addition, with our technical expertise, Vanguard will continue to ensure that its products and services are industry-leading and a wider customer base will understand what it is like to be part of the Durst family."
David Cich, CEO of Vanguard Digital Printing Systems said“It is with great humbleness and excitement that Vanguard Digital will now be a part of the world class industry leading Durst Group. 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."
As part of the agreement, the new company operates as Vanguard Durst Digital Printing Systems with effect from October 1, 2020.
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