|
|
Article: Kodak to Acquire NexPress Solutions L.L.C. and Heidelberg Digital; Expands, Diversifies Commercial Printing Business, Advances Growth Strategy.
- Article from:
- Business Wire
- Article date:
- March 8, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors
ROCHESTER, N.Y.--(BUSINESS WIRE)--March 8, 2004
Eastman Kodak Company announced that it has agreed to acquire two lines of business from Heidelberger Druckmaschinen AG, the world's largest maker of offset printing machines. Kodak will purchase Heidelberg's 50 percent interest in NexPress Solutions L.L.C., a 50/50 joint venture of Kodak and Heidelberg that makes digital color printing systems, and the equity of Heidelberg Digital L.L.C., a leading maker of digital black-and-white printing systems.
Kodak also will acquire NexPress GmbH, Heidelberg's German subsidiary, and certain inventory and assets held by Heidelberg's regional ...