Xaar plc Acquires Engineered Printing Solutions
Xaar plc, Cambridge, United Kingdom, announced the acquisition of Engineered Printing Solutions (EPS), East Dorset, Vermont. The acquisition is Xaar's first as part of the company's strategic vision to achieve £220m in annual sales by 2020.
EPS has built a successful business through supplying customized and bespoke printing solutions to a wide variety of market sectors, including promotional, packaging, medical, automotive, apparel, appliances, sports equipment and toys. One of its focuses has been to develop flexible and cost effective digital inkjet solutions. In 2015, EPS generated $14m in revenue and today employs 60 staff. Julian Joffe founded EPS in 1985 and has been appointed as Xaar's new president of Engineered Printing Solutions.
For more information, visit www.epsvt.com.