Xaar has completed the acquisition of Megnajet, one of the market leaders in the design and manufacture of industrial ink management and supply systems for digital inkjet.
John Mills
Xaar, an inkjet printing technology group, has conditionally agreed to terms with its joint partner, Stratasys Solutions Limited, to sell its remaining interest in Xaar 3D Ltd.
Xaar officially opened its new global headquarters in Cambridgeshire. Located on the Cambridge Research Park, in Waterbeach, Cambridgeshire, the new facility houses Xaar’s finance, HR, legal and marketing functions, as well as a new purpose-built R&D laboratory.
Xaar has completed the acquisition of print systems and printbar specialist FFEI Limited. The deal will accelerate the company’s existing growth strategy and will enable Xaar to capture additional opportunities in vertically integrated solutions.
Xaar is celebrating its 30th birthday in style with champagne sent to every member of the team to toast the business and its role in pioneering the use of industrial inkjet technologies around the world.
Xaar appointed Ian Tichias as Chief Finance Officer and Director of the Board from March 1, 2020. Tichias joins from Ibstock plc, where he has been Group Finance Director and Deputy CFO.