EFI acquires Escada Systems

EFI has extended its offerings for the corrugated packaging market by acquiring corrugated packaging software developer Escada Systems.

14 Feb 2018 | By PrintWeek India

It is EFI’s second acquisition in the corrugated segment, after it bought US-based Corrugated Technologies Inc (CTI) in 2015 and then launched its first single-pass Nozomi corrugated packaging press.

“We are thrilled to add the Escada team and technology to our leading portfolio for the packaging industry,” said Gabriel Matsliach, senior vice president and general manager, EFI Productivity Software. “The addition of Escada makes EFI a one-stop shop for enabling packaging companies to improve the quality, efficiency and profitability of the corrugation process, using their existing corrugators.”

Escada employees, including founder and former principal Gavin Bushby, have joined EFI's Productivity Software business unit.

“We are very excited to join the EFI family and to play a role in EFI's strategy for the packaging industry,” said Gavin Bushby, chairman of Escada. “EFI global scale and reach will enable more customers to benefit from our innovative technologies for years to come. I look forward to being an active member of this world-class organization and to help them innovate to advance both traditional and digital on-demand technologies and help our industry and customers to grow and prosper.”

Tags : EFI,Escada Sytems;