New Name for Agfa Offset as Sale Completed

Private equity group Aurelius has announced the successful completion of the acquisition of Agfa Offset Solutions from the Agfa-Gevaert Group for €92 million. Following the completion, the business has been renamed ECO3, which it says stands for ‘Ecology, Economy and Extra Convenience’.

The company, which was Agfa-Gevaert’s largest division, is one of the leading global suppliers of prepress solutions to the offset printing industry. It had sales of €779 million in 2022, translating into a global market share of approximately 20%.

It is best known in the high security printing industry for FORTUNA, its security design software suite and for Asecuri, its all-in-one prepress workflow. In 2019 it partnered with Koenig & Bauer Banknote Solutions to create a streamlined software development and support service, combining the two companies’ software – Fortuna and ONE respectively. Late last year the two companies introduced ONE 4X, a so-called two-in-one solution that allows designers to better streamline their work whilst maintaining their current modules and tools to benefit from additional functionalities from either platform.