Agfa-Gevaert: Siris Capital to acquire Active Ownership's 19.1% stake

Acquisition of stake subject to completion of EFI-Agfa DPS project

Agfa-Gevaert NV announced on September 28, 2026 that Siris Capital Group had signed an agreement to acquire a 19.1% stake in the group, currently held by Active Ownership.

The financial terms of the transaction were not disclosed. The operation is presented as a strategic investment by Siris in the capital of the Belgian group.

This acquisition is conditional upon the completion of a previously announced agreement concerning the combination of Agfa's Digital Printing Solutions business (Agfa DPS) with Electronics for Imaging, Inc. (EFI), a company in Siris' portfolio.

This combination remains subject to customary regulatory approvals and closing conditions. Until these steps are completed, the acquisition of Active Ownership's stake is not finalized.

Siris intends to act as shareholder in Agfa's capital

Frank Baker, co-founder and managing partner of Siris, indicated that the work conducted with Agfa's teams on the EFI-Agfa DPS combination had reinforced the fund's vision regarding the group's business.

According to him, Siris wishes to deepen its partnership with Agfa and position itself as a shareholder supporting the company in investing in its growth activities and ongoing transformation.

Siris presents itself as a private equity firm focused on control investments in service companies related to disruptive technologies. Based in West Palm Beach, Florida, the firm states it has deployed more than 9 billion dollars in equity capital since its inception.

A Belgian group with nearly 160 years of history

Agfa-Gevaert group, based in Mortsel, Belgium, develops and markets analog and digital systems for healthcare, the printing industry, green hydrogen and specific industrial applications.

In 2025, the group achieved revenues of 1,086 million euros.