EFI technology company, based in Silicon Valley, and is leading the worldwide transformation from analog to digital imaging has acquired Rialco Limited, one of Europeâ€™s 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 EFIâ€™s 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 Rialcoâ€™s advanced ink component capabilities.
Financial terms of the acquisition were not disclosed, but the deal is not expected to be material to EFIâ€™s Q1 or full-year 2016 financial results.
Stephen Emery, vice president of EFIâ€™s ink business said that the deal announced today gives EFI the platform to accelerate the technical advantages they provide to customers in the textile, signage, ceramics and other industries that are rapidly transitioning from analog to digital printing.
Being part of EFI gives Rialco an important opportunity to continue growing their offerings as part of a leading developer of advanced industrial ink products, said Paul Davies, a Rialco co-founder and current director of EFI | Rialco.
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