EFI has acquired BDR Boya Kimya San. Tic. A.S, based in Bursa, Turkey, which manufactures reactive inkjet inks for industrial digital textile printing.
Adele Genoni, vice president and general manager of EFI Reggiani, commented: “The synergies arising with BDR and the world-class portfolio of EFI Reggiani textile printers will be a key point of emphasis for us to continue providing high-quality products and innovation. EFI Reggiani is also significantly strengthening its presence in Turkey with this acquisition, which brings us to the heart of an important and growing textile hub.”
BDR is a very young company, having only been set up in 2016 by Serra Saatçıoğlu Yildiz and Ibrahim Demir. It was the first Turkish company to manufacture digital reactive inks, and targets the fashion, home furnishings and technical textile markets. In that time it’s picked up business from many of the world’s top textile and apparel manufacturers, and has built a significant presence in Turkey and Pakistan as well as Europe, the Middle East and India. It’s worth noting that Turkey has seen a considerable transformation in its textile industry as it embraces digital printing and BDR has been able to capitalize on this.
Last year BDR introduced its Diamond H-R series of reactive inks, which are designed for the Kyocera printheads used in various industrial textile printers, including those manufactured by EFI Reggiani. The Diamond HD inks are said to reduce the maintenance requirements on these heads. This ink is suitable for printing to many types of fabrics, including cotton, silk, linen and wool. There’s also a HD-S sublimation ink that’s aimed at wide fomat printers.
EFI will integrate BDR into its Reggiani textile subsidiary, and will continue to develop its inks and to support its existing customers. The BDR staff will continue working from their current sites in Turkey, albeit now working for EFI Reggiani. This includes the founders, with Serra Saatçıoğlu Yildiz taking on the role of EFI Reggiani’s worldwide sales director for ink while Ibrahim Demir has been appointed director for technical ink and development.
EFI has opted not to discuss the financial terms of the acquisition other than to say that it does not affect to see any impact on its Q2 or full-year 2019 results. BDR was a privately held company so it’s a relatively simple acquisition.