07.19.23
6453 Kaiser Drive
Fremont, CA 94555
Phone: 650-357-3500
www.efi.com
Sales: $200 million (Ink World estimate).
Major Products: EFI has one of the graphic arts industry’s broadest inkjet printer portfolios, including VUTEk, EFI Wide Format, Reggiani, Nozomi, Cubik and Cretaprint printers and presses. EFI offers a wide range of ink products for the wide-/superwide-format sign and display graphics and industrial inkjet printing markets, including UV and UV LED inks, ceramic and mineral inks, and water-based inks for direct to textile and transfer printing. EFI also makes reactive, pigment and water-based acid inks for industrial textile printing.
Key Personnel: Jeff Jacobson, executive chairman; Frank Pennisi, CEO; Scott Schinlever, COO, Inkjet Business; Gregory Taylor, interim CFO and corporate controller; Doug Edwards, CTO; Todd Zimmerman, VP and GM, display graphics and OEM ink; Pedro Padilla, SVP, global supply chain and operations.
Number of Employees: Approximately 1,200 (Ink World estimate).
Comments: For Electronics For Imaging, Inc. (EFI), 2022 was a time of major change for the digital printing industry leader, as the company split off its Fiery segment.
Fiery, which is a leader in Digital Front End (DFE) technology for production and industrial printing, has been established as a separate company that will operate independently while remaining owned by EFI’s owner, Siris Capital Group LLC.
Toby Weiss, long-time COO and GM of Fiery, will continue to lead the business as CEO of Fiery, with Jeff Jacobson serving as executive chairman of Fiery in addition to his role as executive chairman of EFI.
“This realignment best positions Fiery, the leading global DFE provider, to accelerate investment and win in its current markets while also strategically expanding its footprint into key adjacencies – as exemplified by Fiery’s recent acquisition of CADlink Technology Corporation,” said Jacobson in announcing the split. “I have always believed that digital imaging would not be where it is today without Fiery, and its separation from EFI will allow it to best serve customers in the DFE market.
“This realignment positions both EFI, now solely focused on digital inkjet for industrial applications, and Fiery, the leading global DFE provider, to win in their independent markets while maintaining the close partnership that has contributed to the success of each business,” Jacobson added.
Frank Pennisi, most recently president and CEO of Orora Packaging Solutions, a provider of custom packaging solutions with an emphasis on corrugated and an EFI customer, has joined EFI as its CEO.
“As a former customer, I know that EFI’s digital industrial inkjet portfolio is unmatched in the industry,” said Pennisi. “The company’s suite of equipment, inks and intelligent service positions it to address its customers’ most critical needs.”
With the Fiery split, EFI will be focused on driving the analog-to-digital transition across packaging and corrugated, display graphics, textile and building materials/décor end-markets. Inkjet inks are a key part of the EFI portfolio, with an estimated $200 million in sales in 2022.
In July 2022, EFI Reggiani, its industrial textile printing business, broke ground on a new 20,000 square meter textile campus in Comun Nuovo, Bergamo, Italy. The new facility is expected to be completed mid-2023.
“EFI Reggiani has always worked diligently to take our offerings to the next level, thinking ahead and developing high-tech, high-quality and reliable textile solutions,” said Adele Genoni, EFI Reggiani SVP and GM, in announcing the plans for the new facility.
“The new campus is an important step in our journey, and it is proof of EFI’s strong commitment to continued development of the textiles business unit. Not only will this provide us more space to continue our growth, but it will also be a welcoming and sustainable environment for our employees.”
Fremont, CA 94555
Phone: 650-357-3500
www.efi.com
Sales: $200 million (Ink World estimate).
Major Products: EFI has one of the graphic arts industry’s broadest inkjet printer portfolios, including VUTEk, EFI Wide Format, Reggiani, Nozomi, Cubik and Cretaprint printers and presses. EFI offers a wide range of ink products for the wide-/superwide-format sign and display graphics and industrial inkjet printing markets, including UV and UV LED inks, ceramic and mineral inks, and water-based inks for direct to textile and transfer printing. EFI also makes reactive, pigment and water-based acid inks for industrial textile printing.
Key Personnel: Jeff Jacobson, executive chairman; Frank Pennisi, CEO; Scott Schinlever, COO, Inkjet Business; Gregory Taylor, interim CFO and corporate controller; Doug Edwards, CTO; Todd Zimmerman, VP and GM, display graphics and OEM ink; Pedro Padilla, SVP, global supply chain and operations.
Number of Employees: Approximately 1,200 (Ink World estimate).
Comments: For Electronics For Imaging, Inc. (EFI), 2022 was a time of major change for the digital printing industry leader, as the company split off its Fiery segment.
Fiery, which is a leader in Digital Front End (DFE) technology for production and industrial printing, has been established as a separate company that will operate independently while remaining owned by EFI’s owner, Siris Capital Group LLC.
Toby Weiss, long-time COO and GM of Fiery, will continue to lead the business as CEO of Fiery, with Jeff Jacobson serving as executive chairman of Fiery in addition to his role as executive chairman of EFI.
“This realignment best positions Fiery, the leading global DFE provider, to accelerate investment and win in its current markets while also strategically expanding its footprint into key adjacencies – as exemplified by Fiery’s recent acquisition of CADlink Technology Corporation,” said Jacobson in announcing the split. “I have always believed that digital imaging would not be where it is today without Fiery, and its separation from EFI will allow it to best serve customers in the DFE market.
“This realignment positions both EFI, now solely focused on digital inkjet for industrial applications, and Fiery, the leading global DFE provider, to win in their independent markets while maintaining the close partnership that has contributed to the success of each business,” Jacobson added.
Frank Pennisi, most recently president and CEO of Orora Packaging Solutions, a provider of custom packaging solutions with an emphasis on corrugated and an EFI customer, has joined EFI as its CEO.
“As a former customer, I know that EFI’s digital industrial inkjet portfolio is unmatched in the industry,” said Pennisi. “The company’s suite of equipment, inks and intelligent service positions it to address its customers’ most critical needs.”
With the Fiery split, EFI will be focused on driving the analog-to-digital transition across packaging and corrugated, display graphics, textile and building materials/décor end-markets. Inkjet inks are a key part of the EFI portfolio, with an estimated $200 million in sales in 2022.
In July 2022, EFI Reggiani, its industrial textile printing business, broke ground on a new 20,000 square meter textile campus in Comun Nuovo, Bergamo, Italy. The new facility is expected to be completed mid-2023.
“EFI Reggiani has always worked diligently to take our offerings to the next level, thinking ahead and developing high-tech, high-quality and reliable textile solutions,” said Adele Genoni, EFI Reggiani SVP and GM, in announcing the plans for the new facility.
“The new campus is an important step in our journey, and it is proof of EFI’s strong commitment to continued development of the textiles business unit. Not only will this provide us more space to continue our growth, but it will also be a welcoming and sustainable environment for our employees.”