New Ownership for Ilford
“A strengthening of our business units in the US and Asia.”
Ilford Imaging Switzerland, which produces Ilford OmniJet inkjet media as well as Galerie and Galerie Graphic media, plus a range of consumer photo papers, has been acquired by Paradigm Global Partners, an investment company headquartered in London.
The deal includes the well-known Ilford brands, the manufacturing facilities and technologies, all intellectual property, and existing capabilities in R&D, technical service, supply chain, and sales and marketing.
“The last few years have been tough for the imaging business as a whole, including Ilford,” says Lars Sommerhauser, Ilford’s COO. “This announcement has injected a renewed sense of energy and excitement within the company and provided the business with focus and direction. We are committed to servicing the global market where there is a demand for the premium quality products that we manufacture and this will necessitate a strengthening of our business units in the USA and Asia.”
Ilford was founded in 1879; it has been owned by the Oji Paper Company of Japan since 2005.
PARADIGM GLOBAL PARTNERS LLP