Agfa to Become Three Companies

Agfa-Gevaert plans to split into three independent companies by the end of the year: Agfa Graphics, Agfa HealthCare and Agfa Materials.

The Board feels the businesses have the size, strength, industry leadership and organizational talent to succeed independently. The separate companies will be better positioned to pursue their own distinct strategic objectives and will have direct access to the capital markets.

Upon completion of the demerger, shareholders of Agfa-Gevaert will, instead of holding one Agfa-Gevaert share, hold shares in three separately listed companies.

Agfa Graphics, Agfa HealthCare and Agfa Materials will be headquartered in Mortsel, Belgium and all will retain the right to use the Agfa brand name for their respective activities and products.