Belgium's Agfa to merge digital printing unit with Siris’ EFI

Sept 28 (Reuters) - Belgian imaging and IT firm Agfa will combine its digital printing unit with Siris' industrial inkjet maker EFI to form a jointly owned global business, the companies said on Monday. 

Investment firm Siris, which owns EFI, will hold a 60% stake in the joint venture, while Agfa will hold the remaining 40% under an equal partnership governance structure.

• Siris will buy a 19.1% stake in Agfa from Active Ownership, Agfa's largest shareholder

• The venture will merge EFI's packaging and textile printers with Agfa's display graphics and decor applications

• The combined business is expected to generate around €540 million ($615 million) in pro forma revenue in 2026

• The deal is expected to close by the end of 2026, subject to regulatory approvals and customary closing conditions

($1 = 0.8787 euros)

(Reporting by Lucie Barbier in Gdansk, editing by Milla Nissi-Prussak)