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AgfaPhoto

AgfaPhoto GmbH is a European photographic company, formed in 2004, when Agfa-Gevaert sold their Consumer Imaging division. Agfa (the former parent company, which merged with film manufacturer Gevaert in 1964) had for many years been well known as a producer of consumer-oriented photographic products including films, photographic papers and cameras. However, within a year of the sell-off, AgfaPhoto had filed for bankruptcy.[1]

AgfaPhoto logo
A 135 film canister of AgfaPhoto Vista Plus film with information regarding the usage of the brand.

The various product brands are now being licensed to various companies by the holding firm AgfaPhoto Holding GmbH. Minilab service and chemicals are e.g. now sold by A&O Imaging Solutions, and AgfaPhoto Vista Brand Film is sold by Lupus Imaging & Media.

Management buyout

In 2004, Agfa-Gevaert announced that it had reached a definitive agreement to divest the whole of its Consumer Imaging business in a management buyout for a purchase price of €175.5 million.[2] The divestment covered the whole of its Consumer Imaging business, including film, finishing products, and lab equipment, grouped in a new company – AgfaPhoto GmbH, as well as the related lease portfolio, in a management buyout. The targeted closing date of the transaction was November 1, 2004.[3]

The transaction resulted in a non-cash book loss to Agfa-Gevaert of €430 million,[4] but was cash positive to the extent of €260 million. While the trading environment for both HealthCare and Graphic System divisions improved considerably, the group's half year results were heavily affected by the expected book loss on the divestiture of Consumer Imaging.[5]

AgfaPhoto Holding GmbH

The AgfaPhoto Holding GmbH, headquartered in Leverkusen and Cologne/Germany, is dealing internationally in the consumer imaging sector. Based on a long-term trademark agreement with Agfa-Gevaert NV & Co. KG and Agfa-Gevaert NV, the company is granting sublicenses for the AgfaPhoto-trademark and the Red-Dot-Logo.

The following consumer imaging products are offered already with the AgfaPhoto trademark: Digital Cameras & Camcorder, Analog Filmrolls & (Single Use-) Cameras, Flash Memory Cards & USB Drives, Mobile Energy Products, Digital Photo Frames, Minilabs incl. Service & Spare Parts, Optical & Magnetic Storage Media, LCD TV, DVD Players, Pocket Projectors, Binoculars, Cleaning Products, Ink Cartridges, Photo Paper

The official claim[6] of the brand: "AgfaPhoto is the personal companion that lets consumers experience the world of images in all its exciting facets and turns the special moments in life into lasting and shareable memories."

See also

References

  1. ^ AgfaPhoto files for insolvency, dpreview.com. Article dated 2005-05-27, retrieved 2007-03-04.
  2. ^ . Archived from the original on 2014-10-06. Retrieved 2023-02-27.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  3. ^ . Archived from the original on 2014-10-06. Retrieved 2023-02-27.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  4. ^ . 2013-11-03. Archived from the original on 2013-11-03. Retrieved 2023-02-27.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  5. ^ "Rinascita AgfaPhoto".
  6. ^ . 2014-10-25. Archived from the original on 2014-10-25. Retrieved 2023-02-27.{{cite web}}: CS1 maint: bot: original URL status unknown (link)

External links

  • Official site
  • AgfaPhoto Batteries

agfaphoto, this, article, about, photographic, company, formed, from, 2004, sell, agfa, gevaert, consumer, imaging, division, former, parent, agfa, gevaert, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding. This article is about the photographic company formed from the 2004 sell off of Agfa Gevaert s consumer imaging division For its former parent see Agfa Gevaert This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources AgfaPhoto news newspapers books scholar JSTOR January 2021 Learn how and when to remove this template message AgfaPhoto GmbH is a European photographic company formed in 2004 when Agfa Gevaert sold their Consumer Imaging division Agfa the former parent company which merged with film manufacturer Gevaert in 1964 had for many years been well known as a producer of consumer oriented photographic products including films photographic papers and cameras However within a year of the sell off AgfaPhoto had filed for bankruptcy 1 AgfaPhoto logoA 135 film canister of AgfaPhoto Vista Plus film with information regarding the usage of the brand The various product brands are now being licensed to various companies by the holding firm AgfaPhoto Holding GmbH Minilab service and chemicals are e g now sold by A amp O Imaging Solutions and AgfaPhoto Vista Brand Film is sold by Lupus Imaging amp Media Contents 1 Management buyout 2 AgfaPhoto Holding GmbH 3 See also 4 References 5 External linksManagement buyout EditIn 2004 Agfa Gevaert announced that it had reached a definitive agreement to divest the whole of its Consumer Imaging business in a management buyout for a purchase price of 175 5 million 2 The divestment covered the whole of its Consumer Imaging business including film finishing products and lab equipment grouped in a new company AgfaPhoto GmbH as well as the related lease portfolio in a management buyout The targeted closing date of the transaction was November 1 2004 3 The transaction resulted in a non cash book loss to Agfa Gevaert of 430 million 4 but was cash positive to the extent of 260 million While the trading environment for both HealthCare and Graphic System divisions improved considerably the group s half year results were heavily affected by the expected book loss on the divestiture of Consumer Imaging 5 AgfaPhoto Holding GmbH EditThe AgfaPhoto Holding GmbH headquartered in Leverkusen and Cologne Germany is dealing internationally in the consumer imaging sector Based on a long term trademark agreement with Agfa Gevaert NV amp Co KG and Agfa Gevaert NV the company is granting sublicenses for the AgfaPhoto trademark and the Red Dot Logo The following consumer imaging products are offered already with the AgfaPhoto trademark Digital Cameras amp Camcorder Analog Filmrolls amp Single Use Cameras Flash Memory Cards amp USB Drives Mobile Energy Products Digital Photo Frames Minilabs incl Service amp Spare Parts Optical amp Magnetic Storage Media LCD TV DVD Players Pocket Projectors Binoculars Cleaning Products Ink Cartridges Photo PaperThe official claim 6 of the brand AgfaPhoto is the personal companion that lets consumers experience the world of images in all its exciting facets and turns the special moments in life into lasting and shareable memories See also EditList of photographic films List of Agfa films with specifications Agfa Gevaert Agfa digital camerasReferences Edit AgfaPhoto files for insolvency dpreview com Article dated 2005 05 27 retrieved 2007 03 04 Annuncio vendita settore Consumer Imaging Archived from the original on 2014 10 06 Retrieved 2023 02 27 a href Template Cite web html title Template Cite web cite web a CS1 maint bot original URL status unknown link Agfa chiude con le attivita di Consumer Imaging Archived from the original on 2014 10 06 Retrieved 2023 02 27 a href Template Cite web html title Template Cite web cite web a CS1 maint bot original URL status unknown link PORTALE PRIMACOPIA IT 2013 11 03 Archived from the original on 2013 11 03 Retrieved 2023 02 27 a href Template Cite web html title Template Cite web cite web a CS1 maint bot original URL status unknown link Rinascita AgfaPhoto Chi e AgfaPhoto Chi siamo 2014 10 25 Archived from the original on 2014 10 25 Retrieved 2023 02 27 a href Template Cite web html title Template Cite web cite web a CS1 maint bot original URL status unknown link External links EditOfficial site AgfaPhoto Batteries Retrieved from https en wikipedia org w index php title AgfaPhoto amp oldid 1170066805, wikipedia, wiki, book, books, library,

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