Industrial inkjet technology provider Xaar plc has acquired Engineered Printing Solutions (EPS), a provider of product printing equipment in North America.
EPS offers customised and bespoke printing solutions to the promotional, packaging, medical, apparel, appliances sectors and generated $14 million revenue in 2015, while employing 60 people.Industrial inkjet technology provider Xaar plc has acquired Engineered Printing Solutions (EPS), a provider of product printing equipment in North America. EPS offers customised and bespoke printing solutions to the promotional, packaging, medical, apparel, appliances sectors and generated $14 million revenue in 2015, while employing 60 people.#
Doug Edwards, CEO of Xaar said, “EPS has established a successful business and is well positioned to continue to grow, while helping Xaar gain a strong customer base and footprint in North America.”
“The integration capabilities EPS brings to Xaar will enable us to provide greater support to our existing and new OEM partners," he added.
Founder of EPS, Julian Joffe said, “Xaar values our brand, engineering capability and the innovative solutions we bring to the marketplace, while bringing deep knowledge of inkjet technology and access to wider channels.”
“We are looking forward to working together to better serve our global and US customers and accelerate the growth of the business," he too added. (AR)
Fibre2fashion News Desk - India