Log In | Become a Member | Contact Us

Leading printing executives into the future

Connect on Twitter | Facebook | LinkedIn

Featured:     European Coverage     Production Inkjet Analysis

X-Rite Acquires Industrial and Ink Formulation Software Company

Thursday, June 03, 2004

Press release from the issuing company

GRANDVILLE, Mich.--June 2, 2004-- X-Rite today announced it has acquired Moniga Gremmo S.r.l., an industrial and ink formulation software company based in Milan, Italy. Under the terms of the acquisition, X-Rite obtains all operating assets, software code, intellectual property, and customer relationships of Moniga Gremmo. "The acquisition of Moniga Gremmo is a significant step in our effort to strengthen X-Rite's industrial color solutions worldwide," said Joan Andrew, X-Rite's Vice President of Global Sales. "Moniga Gremmo's software is well accepted in Europe, a strategic growth market for our company. We believe the integration of their software with our current offering will enhance our line of complete color solutions for the industrial markets we serve worldwide." Moniga Gremmo's software includes specific features commonly used in industrial markets such as inks, paints, plastics, textiles, cosmetics, and foods, where color quality control is a critical component to business efficiency. "This acquisition, X-Rite's fourth in Europe, demonstrates our long term commitment to our European customers," said Xavier Leroy, Managing Director, X-Rite Mediterranee.




Email Icon Email

Print Icon Print

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2016 WhatTheyThink. All Rights Reserved