Durst Acquires Majority Stake in U.S. Printer Manufacturer Vanguard Digital Printing
- Published: October 06, 2020
Durst announced the acquisition of Vanguard Digital, a leading manufacturer of printing systems for the signage, decoration, corporate, industrial and packaging sectors. With the acquisition, Durst adds 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.
"Vanguard Digital Printing Systems is a rapidly growing and very successful company in a customer segment in which we are currently not active," said Tim Saur, president, Durst North America. "Through the combination of high-quality products, a strong management team and absolute customer orientation, both companies are a perfect match."
As part of the agreement, the new company will reportedly operate as Vanguard Durst Digital Printing Systems with effect from October 1, 2020. David Cich remains CEO while Jim Peterson continues 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, 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.”
For more information, visit www.durst-group.com.