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Friday, May 24, 2024

B&B advises EFI on Inèdit Software acquisition

Bird & Bird has advised EFI on the acquisition of Barcelona-based company Inèdit Software S.L., which integrates into EFI’s Reggiani textile business.

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Electronics For Imaging, Inc. (EFI), a Siris portfolio company, announced that it has acquired Inèdit Software S.L., a developer of raster image processors (RIPs) and related software for digital industrial textile printing.

The acquisition extends EFI’s strategy to accelerate digital transformation in industrial print through investments that advance the company’s presence and capabilities in Packaging & Corrugated, Display Graphics, Textile, and Building Materials/Décor applications. Inèdit will be integrated into the Reggiani textile business.

“Digital represents the biggest transformational opportunity we have ever seen in industrial printing,” said Jeff Jacobson, EFI CEO and executive chairman. “We are committed to driving innovation and expanding our offerings through all economic cycles as we address our customers’ critical need to digitize and automate their workflows.”

Based in Barcelona, Inèdit will help build on the market leadership of the EFI Reggiani portfolio of digital inkjet printing products for the industrial textile space.

“We are enthusiastic about the expanded business opportunities this acquisition creates by reinforcing EFI Reggiani’s strategic role as a trusted advisor for our customers,” said Adele Genoni, EFI Reggiani SVP and GM.

“Becoming part of the EFI Reggiani business empowers us to develop and deliver an even greater level of end-to-end textile integrated workflow solutions and Industry 4.0-driven automation enhancements that will further drive customers’ productivity, printing performance, profitability and sustainability in textile printing,” said Jose Antonio Caballero, co-founder and sales manager of Inèdit. “Our team is excited to join a company that is a leading innovator in digital textile printing.”

Inèdit’s employees are joining EFI Reggiani but will continue to work from their current offices. Terms of the acquisition were not disclosed.

Bird & Bird Madrid advised EFI as part of an international team with partners Lourdes Ayala and Manuel Lobato, counsel Alberto Rodríguez San José, senior associate Antonio J. Ballesteros and junior traninee Mónica Sangalli.

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