INDUSTRY TRENDS
Insight Print Communications continues strategic expansion with Caldron's Sign and Display Division acquisition

In a continued effort to strategically expand its reach, Insight Print Communications has announced its latest acquisition, incorporating Caldron's sign and display division into its portfolio. Following the successful integration of Trisita Marketing's business last year, this move serves to reinforce Insight's market presence, particularly within the realm of the HP Latex range of wide-format printers.

Insight Print Communications and Caldron have undeniably established themselves as key channel partners of HP for the latex range of wide-format printing solutions, a collaboration spanning an impressive 15-year period. The HP Latex brand has effectively positioned itself as a hallmark of environmentally conscious printing solutions in India, with a substantial installation base of approximately 2,800 machines across the nation. Renowned within the industry, HP Latex stands out for its water-based eco-friendly ink technology, solidifying its status as the preferred choice in the wide-format sector.

Ajay Aggarwal, MD and CEO of Insight Print Communications expressed his enthusiasm about the acquisition, stating, "This strategic decision will enable us to redirect our efforts toward enhancing the value we bring to our customers. Insight has been on a high growth trajectory since the pandemic, and we have plans to grow both organically as well as through inorganic means. Insight incorporated its vision to 'help the print industry transition to digital' after diluting our stake in the Komori range of analog offset press sales business."

Rajat Mitra, Proprietor of Caldron Graphics, added, "Caldron is embarking on developing solutions that are made in India. The distribution business was not in line with our future plans. We, therefore, decided to sell the HP Latex division and will be using the proceeds from this sale to invest in the state-of-the-art factory that is being built."

"At Insight, we are driven by a strong vision of promoting sustainable and digital printing technology across India. Our unwavering commitment lies in helping Indian Print Service Providers (PSPs) reduce their environmental footprints. In line with this vision, we have also introduced a revolutionary digital book printing solution to our portfolio. This groundbreaking addition is poised to revolutionize the landscape of book printing in India," commented Adhish Aggarwal, discussing Insight's vision and future expansion.

With a reputation as a comprehensive one-stop solution, Insight Print Communications is dedicated to serving a diverse range of print verticals. Whether it's sign and display, digital textile printing, digital embellishment, or finishing, the company offers an extensive collection of top-tier products, catering to a wide spectrum of printing and finishing demands.

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