Durst acquires majority stake in Vanguard Digital Printing
October 14, 2020 By PrintAction Staff
Durst, the manufacturer of advanced digital printing and production technologies, has strengthened its position in the U.S. graphics industry with its recent acquisition of a majority stake in Vanguard Digital Printing Systems.
Based in Lawrenceville, Ga., Vanguard Digital is a manufacturer of printing systems for the signage, decoration, corporate, industrial and packaging sectors. This acquisition will allow Durst to add 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.
As part of the agreement, the new company will operate as Vanguard Durst Digital Printing Systems, effective October 1, 2020. David Cich will remain CEO, while Jim Peterson will continue to serve as vice president of sales.
“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,” said David Cich, CEO of Vanguard Digital Printing Systems.
“Vanguard’s printing systems have rightly achieved rapid growth and high customer acceptance in the North American market,” said Christoph Gamper, CEO and co-owner of the Durst Group. “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.”
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