Transaction enlarges footprint in Europe and adds complementary solutions
With the transaction NOVEXX Solutions further strengthens its market position and
enlarges the solution offering in the automatic marking and coding industry.
The business will continue to operate as Eidos S.p.A.
Eching (Germany) / Chieri (Italy), May 5, 2017 – NOVEXX Solutions signed a contract to
acquire the Italian company Eidos S.p.A. The closing is expected to be within the next two
weeks. As a leading manufacturer of printers for labeling, marking and automatic coding of
industrial products, Eidos is a perfect addition to the NOVEXX Solutions group.
The acquisition further strengthens the NOVEXX Solutions market position and enlarges the
solution offering in the automatic marking and coding industry.
“The acquisition of Eidos is a perfect fit to expand the solution offering towards our
customers in different industrial segments” says NOVEXX Solutions Managing Director
Manfred Borbe. “Together with NOVEXX Solutions, Eidos will continue to focus on creating
sustainable added value not only for its existing customer base, but also for any new
customer who chooses to work with us”.
Besides the additional regional footprints coming with the transaction, Eidos also opens up
new technological opportunities for an expanding line of state-of-the-art products – for
example in the area of digital thermal transfer printing. “We are convinced that this strategic
approach will strengthen the NOVEXX Solution Group as one of the key partners for
optimizing labeling and identification processes in the industrial market.”
The transaction comes only two years after NOVEXX Solutions has entered the market as an
independent company and underlines the successful, future-oriented path it has taken since.
“As a group of companies that is successful worldwide, NOVEXX Solutions believes strongly
in the potential of Eidos “, says Dietrich Barsch, CEO of the Business Unit Identification
Solutions of the Possehl Group – which NOVEXX Solutions is also a part of. “The excellent
market conditions and the expertise and technological offerings of Eidos made our decision
to invest into this company an easy one. Especially because we firmly believe that the AUTO
ID industry will hold a key role in the future development of many industries.”
Eidos with its over 40 years of history is convinced that leaving the family owned era will
open up new opportunities for investments and growth. The former owners are very pleased
to hand over the company to a new, financially strong owner that will continue to develop the
business with long-term success in mind.
Paolo Bori as the new Managing Director of Eidos S.p.A is happy to bring in his deep market
knowledge and expertise of many years in the AUTO ID industry. “We are excited to write
this new chapter in the Eidos story” says Bori who will be in charge of coordinating with