Announced
Completed
Synopsis
Xaar, a digital inkjet technology company, completed the acquisition of FFEI, a print system integrator. Financial terms were not disclosed. “Having restructured and stabilised our core printhead business, the acquisition of FFEI will accelerate our strategy and expand our customer offering in a range of markets. As well as providing a number of ready-made solutions, the acquisition will further enhance Xaar’s world class expertise. I’ve personally known the FFEI team for many years and have long admired their capabilities having previously worked closely with them. We are very excited to welcome them to Xaar and look forward to integrating the business as we continue to deliver on our strategy," John Mills, Xaar CEO.
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