Agfa-Gevaert
Agfa-Gevaert N.V. (Agfa) is a Belgian-German multinational corporation that develops, manufactures, and distributes analogue and digital imaging products, software, and systems.
| Company type | Naamloze vennootschap |
|---|---|
| Euronext Brussels: AGFB | |
| ISIN | BE0003755692 |
| Industry | Imaging and IT company |
| Founded | 1867 (Aktiengesellschaft für Anilinfabrikation) 1894, Gevaert & Co. 1964 (Agfa-Gevaert) |
| Headquarters | Mortsel, Belgium |
Key people | Pascal Juéry, CEO |
| Revenue | € 2,2 billion (2018) |
Number of employees | 10,177 (2017) |
| Parent | IG Farben (1925–1952) |
| Website | www.agfa.com |
The company began as a dye manufacturer in 1867. In 1925, the company merged with several other German chemical companies to become a chemicals giant IG Farben. IG Farben would go on to play major role in the economy of Nazi Germany. It extensively employed forced and slave labor during the Nazi period, and produced the notorious Zyklon B chemical used in The Holocaust. IG Farben was disestablished by the Allies in 1945. AGFA was reconstituted (as a subsidiary of Bayer) from the remnants of IG Farben in 1952.
Agfa film and film cameras were once prominent consumer products. However, in 2004, the consumer imaging division was sold to a company founded via management buyout. AgfaPhoto GmbH, as the new company was called, filed for bankruptcy after just one year, and its brands are now licensed to other companies by AgfaPhoto Holding GmbH, a holding firm. Today Agfa-Gevaert's commerce is 100% business-to-business.