To extend its offering for corrugated packaging, EFI has acquired Escada Systems (Escada), a leading provider of Corrugator Control systems for the packaging market.
Based in the United Kingdom and with operations also in the United States, Escada’s technology and experience in helping packaging companies will enable EFI to expand the value of its end-to-end EFI Corrugated Packaging Productivity Suite software to sheet feeders and full corrugated box plants – to also include comprehensive control and traceability for the entire corrugation process.
‘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 but he financial terms of the acquisition have not been disclosed.
‘We are very excited to join the EFI family and to play a role in EFI’s strategy for the packaging industry,’ said Mr 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 organisation and to help them innovate to advance both traditional and digital on-demand technologies and help our industry and customers to grow and prosper.’
