Durst acquires a majority stake in large-format printer manufacturer Vanguard
Durst has strengthened its position in the US graphic arts market with the acquisition of a majority stake in large-format printer manufacturer Vanguard Digital Printing Systems. Now a new class of large-format systems has been added into the product portfolio of Durst.
Headquartered in Lawrenceville (Georgia), Vanguard Digital is a leading manufacturer of printing systems for signage, decoration and many others applications for customers in different sectors. With the acquisition, Durst adds a new range of printers to its large-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 rapidly growing and very successful company in a customer segment in which we are currently not active,” said Tim Saur, President of Durst North America. He added, “Through the combination of high-quality products, a strong management team and absolute customer orientation, Vanguard and Durst make a perfect match.”
A new entity
As part of the agreement, the new company operates as Vanguard Durst Digital Printing Systems. David Cich remains CEO while Jim Peterson continues to serve as Vice President of Sales. “It is with great humbleness and excitement that Vanguard Digital is now a part of the world class industry leading Durst Group,” said David Cich, CEO of Vanguard Digital Printing Systems. He continued, “Becoming a part of the Durst family provides Vanguard Digital the opportunity to expand its portfolio of innovative market leading UV printers to the entire world.”
“Vanguard’s printing systems have rightly achieved rapid growth and high customer acceptance in the North American market,” said Christoph Gamper, CEO and Co-owner of Durst Group. He added, “Despite the global pandemic, we are positioning ourselves for the long term and are determined to invest in the large-format graphics market. In addition, with our technical expertise, Vanguard will continue to ensure that its products and services are industry-leading and a wider customer base will understand what it is like to be part of the Durst family.”
Durst is known for being one of the world’s leading manufacturers of advanced digital printing and production technologies. In the active business areas, the company is the first choice for the transformation and digitisation of industrial production processes. Durst is a family company with an 80-year-old legacy, where values are focused on innovation, customer orientation, sustainability, and quality.