FREMONT, California — March 2, 2016 — EFI\u2122 (Nasdaq:EFII) today announced that it has acquired Rialco\u00ae Limited, one of Europe\u2019s leading suppliers of dye powders and color products for digital print and industrial manufacturing industries.<\/p>\n
Based in Bradford, UK, Rialco will now operate as part of EFI\u2019s industrial inkjet business, and will continue to work closely with and support its existing clients as well as expand and grow its capabilities with new products and new customers. EFI plans to improve its inkjet portfolio with Rialco\u2019s advanced ink component capabilities.<\/p>\n
The dye-sublimation ink market Rialco serves is one of the fastest-growing sectors of the global ink industry, with new research from Smithers Pira forecasting 18.4% year-over-year growth in dye-sublimated material print volumes through 2021, and a greater than 100% increase in volume and value of dye-sublimated printed material in that same time frame.<\/p>\n
Financial terms of EFI\u2019s acquisition of Rialco were not disclosed, but the deal is not expected to be material to EFI\u2019s Q1 or full-year 2016 financial results.<\/p>\n
\u201cThe deal announced today gives EFI the platform to extend the technical advantages we provide to customers in the signage, textile, ceramics and other industries that are rapidly transitioning from analog to digital printing,\u201d said Stephen Emery, vice president of EFI\u2019s ink business.<\/p>\n
Rialco employees have joined EFI and will continue to work from Rialco\u2019s facility in Bradford.<\/p>\n
\u201cBeing part of EFI gives Rialco an important opportunity to continue growing our offerings as part of a leading developer of advanced industrial ink products,\u201d said Paul Davies, a Rialco co-founder and current director of EFI | Rialco. \u201cOur team is looking forward to working with our colleagues across EFI to bring Rialco\u2019s innovations to a broader range of customers and markets.\u201d<\/p>\n
For additional information about EFI, visit www.efi.com.<\/p>\n
About EFI<\/p>\n
EFI\u2122 is a global technology company, based in Silicon Valley, and is leading the worldwide transformation from analog to digital imaging. We are passionate about fueling customer success with products that increase competitiveness and boost productivity. To do that, we develop breakthrough technologies for the manufacturing of signage, packaging, textiles, ceramic tiles, and personalized documents, with a wide range of printers, inks, digital front ends, and a comprehensive business and production workflow suite that transforms and streamlines the entire production process. (www.efi.com)<\/p>\n
Follow EFI Online:<\/p>\n
Follow us on Twitter: @EFIPrint
\nFind us on Facebook: www.facebook.com\/EFI.Digital.Print.Technology
\nView us on YouTube: www.youtube.com\/EFIDigitalPrintTech<\/p>\n","protected":false},"excerpt":{"rendered":"
FREMONT, California — March 2, 2016 — EFI\u2122 (Nasdaq:EFII) today announced that it has acquired Rialco\u00ae Limited, one of Europe\u2019s leading suppliers of dye powders and color products for digital print and industrial manufacturing industries. Based in Bradford, UK, Rialco will now operate as part of EFI\u2019s industrial inkjet business, and will continue to work closely with and support its existing clients as well as expand and grow its capabilities with new products and new customers. EFI plans to improve its inkjet portfolio with Rialco\u2019s advanced ink component capabilities. The dye-sublimation ink market Rialco serves is one of the fastest-growing sectors of the global ink industry, with new research from Smithers Pira forecasting 18.4% year-over-year growth in dye-sublimated material print volumes through 2021, and a greater than 100% increase in volume and value of dye-sublimated printed material in that same time frame. Financial terms of EFI\u2019s acquisition of Rialco were not disclosed, but the deal is not expected to be material to EFI\u2019s Q1 or full-year 2016 financial results. \u201cThe deal announced today gives EFI the platform to extend the technical advantages we provide to customers in the signage, textile, ceramics and other industries that are rapidly transitioning from analog to digital printing,\u201d said Stephen Emery, vice president of EFI\u2019s ink business. Rialco employees have joined EFI and will continue to work from Rialco\u2019s facility in Bradford. \u201cBeing part of EFI gives Rialco an important opportunity to continue growing our offerings as part of a leading developer of advanced industrial ink products,\u201d said Paul Davies, a Rialco co-founder and current director of EFI | Rialco. \u201cOur team is looking forward to working with our colleagues across EFI to bring Rialco\u2019s innovations to a broader range of customers and markets.\u201d For additional information about EFI, visit www.efi.com. About EFI EFI\u2122 is a global technology company, based in Silicon Valley, and is leading the worldwide transformation from analog to digital imaging. We are passionate about fueling customer success with products that increase competitiveness and boost productivity. To do that, we develop breakthrough technologies for the manufacturing of signage, packaging, textiles, ceramic tiles, and personalized documents, with a wide range of printers, inks, digital front ends, and a comprehensive business and production workflow suite that transforms and streamlines the entire production process. (www.efi.com) Follow EFI Online: Follow us on Twitter: @EFIPrint Find us on Facebook: www.facebook.com\/EFI.Digital.Print.Technology View us on YouTube: www.youtube.com\/EFIDigitalPrintTech<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[86],"tags":[179],"_links":{"self":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/16784"}],"collection":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=16784"}],"version-history":[{"count":3,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/16784\/revisions"}],"predecessor-version":[{"id":16787,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/16784\/revisions\/16787"}],"wp:attachment":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=16784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=16784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=16784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}