AgfaPhoto starts up

Discussion in 'B&W: Film, Paper, Chemistry' started by Fintan, Nov 6, 2004.

  1. Fintan

    Fintan Member

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    from http://www.agfaphoto.com

    AgfaPhoto starts up
    Pressrelease

    Transfer from the Agfa-Gevaert group concluded as planned


    Leverkusen, 3rd November 2004 – AgfaPhoto, the new independent company in the world of digital and analog photography, has started its worldwide business operations as planned at the beginning of November 2004. This concludes the transfer of the previous Consumer Imaging (CI) business group of the Agfa-Gevaert group to an independent company with new owners. The turnover of the CI business group last year amounted to € 870 million. The new company will continue with the previous business units Film/Consumer Products, Finishing and Lab Equipment and further develop them.

    AgfaPhoto has taken over the complete assets of the old Agfa CI business group, including all production plant, patents and technological know-how, inventory and accounts receivable, etc.

    Financially the new company has an excellent basis: the share capital ratio is over 40 percent. AgfaPhoto`s liability for pensions is limited to the current employees. In addition the new, leaner structure will result in a double-digit fall in annual overhead costs (in million Euro).

    A total workforce of about 2,900 persons, of whom approximately 2,275 are based in Germany, is being transferred from Agfa-Gevaert to AgfaPhoto. AgfaPhoto has subsidiaries in more than 30 countries around the world and thus continues to have worldwide activities. The company presence in Germany consists of sites in Leverkusen, Cologne, Munich, Gera, Peiting, Rottenburg/Laaber, Vaihingen/Enz and Windhagen.

    The main operating entity of the group is AgfaPhoto GmbH, Leverkusen, a 100 percent subsidiary of AgfaPhoto Holding GmbH, also based in Leverkusen. The principal owner with a 55 percent shareholding is NannO Beteiligungsholding GmbH, Munich. With a combined holding of 25 percent eight members of AgfaPhoto management are also owners, led by the chairman of the management board of AgfaPhoto GmbH, Eddy Rottie, who previously headed the Consumer Imaging business group. Two private equity companies, Highfields Capital and Abrams Capital, both of Boston, hold 10 percent each.

    Alongside the chairman Eddy Rottie, the managing directors are Marc M. Bamberger (Finance) and Ingbert Schmitz (Marketing & Sales).

    AgfaPhoto is world market leader in equipment for wholesale photo labs and private label films, and is one of the world´s four largest suppliers of minilabs, photographic papers and photochemicals.

    Although films and consumer products have an important role at AgfaPhoto, the development, production and marketing of lab equipment, software and consumables for the production of photo prints on photographic paper are at the centre of the company´s business activities. This applies equally to images captured by digital and analog means, to minilabs ("One-Hour Labs") and wholesale photo labs operating on an industrial scale. AgfaPhoto anticipates good market opportunities in this field in the future, as the boom in digital photography also leads to high demand for systems to make "real photos" from digital shots.

    AgfaPhoto´s wide-ranging know-how in image editing software, high-precision coating technologies, the production of specialist chemicals etc. as well as the company name, which is new but with the element "Agfa" nevertheless well-known, furthermore enable the company to expand its product range in various directions.

    "Out of a corporate division has emerged AgfaPhoto, with global operations and the character of a medium size company. This means greater freedom of action, more flexibility and shorter decision-making processes. We have a committed, highly-qualified workforce and a broad know-how which includes software and hardware as well as the complete spectrum of photo-chemistry. With AgfaPhoto we are therefore well equipped to master the challenges that lie ahead of us. And that means above all: we intend to exploit all the opportunities open to us and improve the profitability of AgfaPhoto", commented Eddy Rottie, chairman of the management board of AgfaPhoto GmbH.

    Dr. Hartmut Emans, managing director of the main shareholder Nanno Beteiligungsholding GmbH added: "AgfaPhoto has an excellent starting position and possesses very high potential to develop further. I therefore see the Nanno shareholding as a long-term investment."

    Contact:

    AgfaPhoto GmbH
    Corporate Communication
    Dr. Hartmut Hilden
    Tel.: +49 (0)221-98544-3671
    hartmut.hilden@agfaphoto.com
     
  2. Jim Chinn

    Jim Chinn Member

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    I am glad to see that the transition has moved ahead. I just sent an Email congratulating them and thanking them for keeping their film, paper, and chemistry products available.


    I would encourage others to send an email. This would be a good time to demonstrate some support for their analogue products.
     
  3. mikewhi

    mikewhi Member

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    I e-mail him and sked him to keep Rodinal alive and to re-introduce APX 25 in all formats. Might as well as for the moon, I guess.

    -Mike
     
  4. david b

    david b Member

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    I email him as well asking for the same as Mike. We have nothing to lose.
     
  5. lee

    lee Member

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    I too responded to this message and thanked him for keeping Agfa product alive. I am interested in Agfa Broveria and that warmtone paper on a cool base. All I can think of right now is it started with an "I". Lovely paper.

    lee\c


    Insignia is the name of the paper. I just thought of it. :smile:
     
    Last edited by a moderator: Nov 7, 2004
  6. Nicole

    Nicole Member

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    I have just written in as well
     
  7. TPPhotog

    TPPhotog Member

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    Yep add me to the list :wink:
     
  8. kjsphoto

    kjsphoto Subscriber

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    Same here jsut dropped a lemail as well. This is great news!
     
  9. Kevin Caulfield

    Kevin Caulfield Subscriber

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    Me too, I just sent a quick thank you.
     
  10. modafoto

    modafoto Subscriber

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    Me too. The Rodinal militia is happy and has also sent him the "Jug of Honor"!

    Greetings Morten
     
  11. ElrodCod

    ElrodCod Member

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    More importantly, we must show our support by continuing to purchase their products.
     
  12. TPPhotog

    TPPhotog Member

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    Already doing that and Morten is making sure everyone else does :D
     
  13. modafoto

    modafoto Subscriber

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    Yes, we forgot!

    "The Church of Rodinal will be executing everybody not mailing Agfa Photo and ask for them to still make Rodinal. Furthermore remember to beg for Agfapan 25 to come back in production.
    The execution will include severe torture and a bath in concentrated Rodinal".

    Greetings and smiles, Morten
     
  14. TPPhotog

    TPPhotog Member

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    If we send the Email can we have this thrice over? :wink:
     
  15. Eric Rose

    Eric Rose Subscriber

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    I sent them an email emploring them to reinstate APX 100 in 4x5. I suggest we all do the same if it's a film you enjoyed using too.
     
  16. modafoto

    modafoto Subscriber

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    Yes, of course. Everything for you, o worthy church-goer :tongue:
     
  17. jandc

    jandc Member

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    It would be great if all of these films were made available once again. But doesn't this paragraph really say it all?

    "Although films and consumer products have an important role at AgfaPhoto, the development, production and marketing of lab equipment, software and consumables for the production of photo prints on photographic paper are at the centre of the company´s business activities. This applies equally to images captured by digital and analog means, to minilabs ("One-Hour Labs") and wholesale photo labs operating on an industrial scale. AgfaPhoto anticipates good market opportunities in this field in the future, as the boom in digital photography also leads to high demand for systems to make "real photos" from digital shots."
     
  18. mark

    mark Member

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    This is torture? Or would you use this to annoint and cleanse the body after the torture and execution.
     
  19. modafoto

    modafoto Subscriber

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    I can say that concentrated Rodinal in open wounds hurt...been there.
     
  20. tim atherton

    tim atherton Inactive

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    well don't expect them to bring back sheet film any time soon:

    "Thank you for contacting AgfaPhoto. There are no immediate plans to reintroduce RSX II or APX 100 sheet films."
     
  21. Fintan

    Fintan Member

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    I asked them to consider APUG in their marketing strategy. I'm amazed no manufacturer has knocked on Seans door.
     
  22. Eric Rose

    Eric Rose Subscriber

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    Ok,,,I can wait until next month LOL.

    But seriously folks, if you want the stuff back, contact them! Then if they do bring it out BUY IT!