Several Innovations from Scanning Leader Slated for 2013
COPENHAGEN, Denmark, March 11, 2013 /CNW/ - Contex, the world's leader
of wide format scanning and imaging solutions, announces that the
company has been recognized for its award-winning products and
long-term vision by Nordic private equity investor Procuritas. After an
extensive commercial due diligence, the company was singled out as the
long-term market leader in the wide format market, providing the
greatest growth opportunities. As a result, Procuritas acquired Contex
in December 2012, and has increased the company's research and
development funding to support the launch of several new innovations in
2013 and the future.
Procuritas targets mid-sized companies that occupy strong positions
within their respective markets and demonstrate considerable potential
for accelerated growth. As a global large format imaging leader, Contex
presents many growth opportunities. With this strategic investment,
Procuritas will work closely with company senior management to develop
new products to further strengthen Contex's leadership in the large
format imaging industry.
Procuritas Partner Tomas Therén explains, "Contex has the vision, the
ambitions, the passion and the drive. That was our impression right
from the beginning. With glowing references from other players in the
wide-format industry, like leading printer-brand manufacturers, channel
partners - even competitor partners - and not least end-customers, the
choice was easy."
Tomas Therén continues, "We see a lot of value and growth opportunities
with such solid and successful leadership of the large-format scanning
industry. Contex has proven to have the strongest distribution channel,
widest range of scanners, and the largest installed base of
large-format scanning customers. It is our expectation that with the
focus on innovative solutions, Contex will continue the expansion of
wide format imaging technologies."
Procuritas is a Nordic private equity house. The company was founded in
1986 and has remained true to the mid-market segment, active ownership
and a strategy of creating value in all stages of an investment. With
its long history, Procuritas has gained experience from a large variety
of transactions under widely varying market conditions.
Procuritas advised funds have made 32 investments to date and fully
realized 22, with a combined consideration over EUR 1.5 billion. Visit http://www.procuritas.se for more information.
As the world's largest developer and producer of large format imaging
solutions, Contex leads the market with innovative technology and
advanced scan and copy software applications. Over the years, Contex
scanners have received numerous awards from leading trade publications
and analyst firms including Cadalyst, Wide-Format Imaging, and BERTL.
Sold worldwide in more than 90 countries, Contex solutions are
recognized in a wide range of industries for reliability, value, high
performance, and superb image quality. For more information, please
For further information:
Jacob Bendix, General Manager, EMEA-APAC & International Marketing, Contex HQ, +45-48-14-11-22, email@example.com; Steve Blanken, General Manager Americas, Contex Americas Inc., +1-877-226-6839, SalesAmericas@contex.com