Electronics For Imaging Inc. has purchased Escada Systems based in the United Kingdom and with operations in the United States, which develops Corrugator Control systems for the packaging market
EFI has a growing interest in corrugated production, primarily based on its drupa 2016 introduction of the Nozomi C18000 high-speed single-pass LED inkjet press. The company has also developed versions its Fiery DFE, inks, and the EFI Corrugated Packaging Productivity Suite aimed at the sector.
The addition of Escada's technology, providing control and traceability for the corrugation production process, will enable EFI to expand the Productivity Suite’s value to sheet feeders and corrugated box plants. “The addition of Escada makes EFI a one stop shop for enabling packaging companies to improve the quality, efficiency and profitability of the corrugation process, using their existing corrugators,” said Gabriel Matsliach, Senior VP and GM, EFI Productivity Software.
Financial terms of the acquisition were not disclosed, but EFI explains it is not expected to be material to EFI’ss Q4 or full year 2017 results. Escada employees, including founder and former principal Gavin Bushby, have joined EFI's Productivity Software business unit.
EFI Acquires Escada for Packaging Growth
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