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Agfa Completes Gandi Deal

Belgium-based Agfa Graphics has completed the asset acquisition of Gandi Innovations Holdings LLC, which integrates technologies to build large-format inkjet devices.



The purchase involves most of Gandi’s North American assets, as well as shares in its principal foreign subsidiaries. In addition to a recently opened manufacturing facility in Mississauga, Gandi’s Website lists sales offices in Texas, Mexico City, India, South Africa, Belgium, Dubai UAE, and Hong Kong, with over 40 distributors worldwide.

The acquisition was announced in November 2009, six months after Gandi filed for bankruptcy protection in Canada, through the Companies’ Creditors Arrangement Act, and in the United States, through Chapter 15.