Durst, maker of advanced digital printing and production technologies, is strengthening its position in the US graphics industry with the acquisition of a controlling stake in Vanguard Digital Printing Systems, headquartered in Lawrenceville, Georgia.
Vanguard Digital is a leading manufacturer of printing systems for the signage, decor, corporate, industrial and packaging industries. With the acquisition, Durst adds new classes of printers to its wide 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 fast growing and very successful company in a customer segment in which we are not currently active,” said Tim Saur, president of Durst North America. “With the combination of high quality products, a strong management team and absolute customer focus, the two companies are a perfect fit.”
As part of the deal, the new company will operate as Vanguard Durst Digital Printing Systems effective October 1, 2020. David Cich remains CEO while Jim Peterson continues as Vice President of Sales.
“It is with great humility and enthusiasm that Vanguard Digital will now be part of the Durst Group, a global industry leader,” said David Cich, CEO of Vanguard Digital Printing Systems. “Becoming a member of the Durst Group family offers Vanguard Digital the opportunity to expand its portfolio of market-leading innovative UV printers around the world. “
“Vanguard printing systems have rightly experienced rapid growth and strong customer acceptance in the North American market,” said Christoph Gamper, CEO and co-owner of the Durst Group. “Despite the global pandemic, we are positioning ourselves for the long term and are determined to invest in the large format graphics market. Additionally, with our technical expertise, Vanguard will continue to ensure that its products and services are industry leading and that a broader customer base will understand what it is like to be part of the Durst family. “
The previous press release was provided by a company not affiliated with Printing fingerprints. The views expressed do not directly reflect the thoughts or opinions of staff at Printing fingerprints.