Nikon D7100 Canon EOS Rebel T5i Nikon D3300 Canon EOS 1200D Sony A5000 Nikon D4S
Nikon D7100 Canon EOS Rebel T5i Nikon D3300 Canon EOS 1200D Sony A5000 Nikon D4S
  News Headlines Apple Canon Casio Fujifilm HTC LG Nikon Nokia Olympus Panasonic Pentax Ricoh Rollei Samsung Sony  
Lets Go Digital
 
     
Powered by True
Counted by OneStat.com
Agfa Gevaert about insolvency filling of AgfaPhoto
Ilse Jurriƫn : May 28th 2005 - 01:28 CET
Digital Camera Review Test Appareil Photo Numerique Prueba camara digital Digitale Camera Test Dijital Kamera Incelemeleri Digitalkamera Test Digitalkamera
AgfaPhotoAgfa 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.
Agfa Gevaert about insolvency filling of AgfaPhotoAgfaPhoto - Purchase price
In addition, at the time of the management buy out/in on November 2, 2004, Agfa Gevaert granted a secured vendor loan for the full purchase price. Based on Agfa Gevaert's audited financial statement, the purchase price was set at 112 million Euros, which is still subject to an audit of the closing financials by the purchaser. The vendor loan is fully secured by a lease portfolio held by AgfaPhoto Holding GmbH, the parent company of the AgfaPhoto group.

Agfa-Gevaert - Regrets development
AgfaPhoto Holding GmbH is not implicated in the insolvency filing of AgfaPhoto GmbH. Agfa-Gevaert therefore does not expect the insolvency filing by AgfaPhoto to have a material effect on Agfa-Gevaert. Agfa-Gevaert regrets this development for AgfaPhoto GmbH but is hopeful, that in the interest of preserving the employment and the business operations of AgfaPhoto group, the current difficulties can be overcome and that AgfaPhoto GmbH recovers quickly. Agfa-Gevaert will provide AgfaPhoto with distribution, order fulfillment and after sales until the end of 2005.

   Flaire Print purchases Agfa CtP system
   Konica Minolta UK announces internal restructure
   Leica proposes capital reduction and restructuring
   Next  Indy-Tech book: Savvy Guide to Digital Photography
   Previous  Digimarc Desktop Search Tool for Digital Photos
   News by brand:AgfaPhoto
   News by category:Source of Information
   News by brand and category:AgfaPhoto Source of Information
   Canon EOS 700D - $619.00
   Nikon D7100 - $799.00
   Nikon D5300 - $669.99
   Sony Alpha 6000 - $679.95
   Canon EOS 70D - $818.00
   Samsung NX300 - $519.00
   Canon PowerShot G1 X Mark II - $649.00
   Sony CyberShot DSC RX100 III - $798.00
   Panasonic Lumix DMC LX7 - $219.00
   Nikon D3300 - $458.00


LetsGoDigital digital camera magazine
Latest AgfaPhoto announcements
AgfaPhoto Optima 102
AgfaPhoto Optima 100
AgfaPhoto Optima 830UW
AgfaPhoto DV-5580Z
AgfaPhoto Optima digital cameras
AgfaPhoto sensor cameras
AgfaPhoto DC-1338sT camera with touchscreen
HD Video Camera from AgfaPhoto
AgfaPhoto DV-5000G multimedia camera
AgfaPhoto cameras at 2008 PMA in Las Vegas
Agfa DC-630i
AgfaPhoto photo printers produced by Sagem
AgfaPhoto digital cameras at Photokina
Agfa Imagebox with Lucidiom APM 4.1 software
AgfaPhoto DC-735
 
Twitter LetsGoDigital
Latest news headlines
Nikon D750 test videos
iPhone 6 test photos
Nikon Coolpix S6900 test photos
Nikon D750 sample pictures
Samsung Galaxy Note 4
Galaxy Note 4 available for pre-order now
Samsung Galaxy Note Edge
Canon EOS 7D Mark II sample pictures
Nikon D5300 review
Nikon D5300 test photos
Nikon D5300 test videos
Canon PowerShot G7 X test photos
Canon EOS 7D Mark II photography
Canon 7D Mark 2 Digital SLR camera
Canon PowerShot SX60 HS test pictures
   
CanonCasioFujifilmNikonOlympusHTCSamsungSonyPanasonicNokia
  Accessories Android Apps Camcorders Digital cameras Mobile phones Smartphones Software Tablets   CES CeBIT Gadgets IFA Photokina PMA