EFI and Agfa has announced a definitive agreement to combine Agfa’s Digital Printing Solutions business with EFI.
An affiliate of Siris, a private equity firm, will hold a 60% interest and Agfa will hold a 40% interest in the jointly held company, which will bring together the operating capabilities of EFI and Agfa DPS under a governance structure whereby Siris and Agfa will act as equal partners.
The agreement follows the global partnership EFI and Agfa established in 2024, and the combination brings together specialised technology and applications to create a scaled industrial inkjet business.
Together, EFI and Agfa DPS expect to generate approximately €540 million ($625 million) of revenue in 2026 on a pro forma basis and will serve a diversified base of thousands of customers across more than 100 countries.
Frank Baker, co-founder and managing partner, and David Calamai, MD at Siris, both said: “EFI and Agfa DPS bring together distinct and complementary capabilities, forming a business with the reach and depth to do more for customers across more markets.
“We look forward to partnering with Agfa to accelerate innovation and expansion for customers worldwide.”
Vincent Wille, president of Agfa DPS, said: “At Agfa, we believe this combination can help accelerate the adoption of digital printing across the industry. By combining technology leadership, global reach and deep application expertise, we can help our customers achieve new levels of productivity, agility and sustainable growth.”
Frank Pennisi, CEO of EFI, said: “This combination is a natural next step that allows us to build on that momentum with a broader platform, accelerating innovation and expanding the solutions we can deliver to customers across industrial inkjet.”
The proposed transaction is expected to close by the end of 2026 and is subject to customary employee information and consultation processes, regulatory approvals and closing conditions.
