Electronics For Imaging, Inc. has announced the acquisition of Escada Systems (Escada), a provider of Corrugator Control systems for the packaging market. Based in the United Kingdom and with operations also in the United States, privately held Escada reportedly brings a strong reputation for innovation and vast experience in helping packaging companies to achieve greater productivity, quality and profitability.
EFI has positioned itself as a market leader in providing a complete ecosystem for corrugated production, that includes the EFI Nozomi C18000, an ultra-high-speed single-pass LED inkjet press powered by the Fiery DFE together with what EFI calls leading edge inks, and the EFI Corrugated Packaging Productivity Suite, an end-to-end software offering for business management and manufacturing execution, which the company says is gaining global momentum, serving corrugated packaging companies around the globe. The addition of Escada’s technology and expertise will enable EFI to expand the Productivity Suite’s value to sheet feeders and full corrugated box plants, to also include comprehensive control and traceability for the entire corrugation process.
While financial terms of the acquisition were not disclosed, it is not expected to be material to EFI’s Q4 or full year 2017 results. Escada employees, including founder and former principal Gavin Bushby, have joined EFI’s Productivity Software business unit.
After returning from Print 17 and witnessing firsthand not the commercial and industrial print industry's expanding emphasis on packaging as well as hearing EFI CEO Guy Gecht tout packaging as a significant printing application for his company, it should come as no surprise that EFI is strengthening its technology in this area. For anyone with a glimmer of a desire to enter this market, this is indeed an application that offers huge potential to drive business going forward in what's become an Internet based retail economy.
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