Agfa Gevaert about insolvency filling of AgfaPhoto : Agfa Gevaert announced today that it was informed of the insolvency filing by AgfaPhoto GmbH. Agfa Gevaert is fully prepared to co-operate with the insolvency receiver once appointed and all parties concerned. Effective November 2, 2004, Agfa-Gevaert sold its consumer imaging business to a group of investors in a management buy out/in. Since then the consumer imaging business has been operated through a group of companies under the name of AgfaPhoto. AgfaPhoto is a private group of companies owned by management, NannO Beteiligungsholding and a small number of financial investors. Agfa-Gevaert provides AgfaPhoto group companies with distribution, order fulfillment and after sales.
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