Press release from the issuing company
Brookfield, Wisconsin – Colordyne Technologies (CDT), an industry leader in high-speed, high-resolution inkjet technology, has announced the sale of their 1600 Series and 1800 Series benchtop business to Afinia Label, a renowned provider of specialty printing solutions. This strategic move marks a significant step for both companies as they continue to align their business focuses and leverage their core strengths to better serve the digital printing market.
Since its inception in 2010, Colordyne Technologies has specialized in engineering and manufacturing high-quality inkjet engines and printers. With a commitment to delivering top-tier inkjet technology and support, Colordyne has installed over 600 inkjet engines and benchtop systems globally. The company's mission is to help printers successfully integrate inkjet into their business and onto their existing equipment. Colordyne is renowned for developing innovative inkjet solutions, particularly for the narrow web label, packaging and commercial print industry.
Established in 2009, Afinia Label offers industrial high-speed label printing and finishing solutions. With a foundation in technical expertise dating back to its parent company Microboards Technology's start in 1989, Afinia has served over 55 countries, providing dependable and cost-effective printing equipment. The company is known for its focus on delivering high ROI solutions and excellent customer service.
The sale of Colordyne's 1600 Series and 1800 Series benchtop business comes as Colordyne shifts their focus towards higher volume production digital printing applications. Afinia will assume responsibility for consumables, spare parts, for all existing Colordyne 1600 Series and 1800 Series customers. This acquisition allows Afinia to expand its installation base and enhance its service offerings.
Taylor Buckthorpe, Director Sales & Marketing, Colordyne Technologies:
"Afinia is a leader in the benchtop market, our customers will be in great hands with Afinia’s world-class team and will have access to a larger portfolio of finishing solutions." Buckthorpe continued "This acquisition allows Colordyne to remain focused on pushing inkjet technology into higher volume, longer run applications."
Todd Engel, COO & President UK, Afinia Label:
"We are excited to add these users to the Afinia family," said Todd Engel. "This acquisition will strengthen our position in North and South America and will enhance our dealer network throughout the region."
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