AgfaPhoto GmbH is a European photographic company, formed in 2004 when Agfa-Gevaert sold their Consumer Imaging division. Agfa (the former parent company, which merged with film manufacturer Gevaert in 1964) had for many years been well known as a producer of consumer-oriented photographic products including films, photographic papers and cameras. However, within a year of the sell-off, AgfaPhoto had filed for bankruptcy.[1]
Agfa continued to improve its cameras, and focused on very easy to operate equipment. Functionality was another important factor when Agfa came on the market with the first fully automatic 35mm camera. It was an instant success and during the next three years, Agfa sold a million of these Agfa Optima cameras. 1960 – 1981: The Golden 60s and 70s. Dec 07, 2019 It is however one of the quirkiest cameras in my unreasonably large collection of rangefinders and rangefinder lenses: the Agfa Karat 36. This little camera is a collapsible 35mm fixed-lens rangefinder with a small bellows tucked behind a metal frame. It uses a synchro-compur leaf shutter with speeds up to 1/500s. By 1910 Agfa had opened the second largest film production plant in the world, only out-sized by Kodak’s operation in Rochester, New York. In 1928 Agfa created their first camera, the Agfa Standard, a big-honkin’ bellows folder that shot on plates. Their first 35mm film camera was released in 1937. In addition to their budget minded box cameras, Agfa once had a reputation for offering a variety of well made inexpensive to moderately priced cameras. The Isolette series was Agfa's most popular medium format folder. In 1925 Agfa acquired the Rietzschel camera works in Munich. By the end of the 1920's the camera works began making metal. Agfa's CL18 digital camera can be used as both a digital camera and a Webcam. Connect it to your computer's USB port, and you can use it to video conference over the Web. As a digital camera, the CL18 features 640 x 480 resolution (great for e-mails and Web images) and a built-in flash with red-eye reduction.
The various product brands are now being licensed to various companies by the holding firm AgfaPhoto Holding GmbH. Minilab service and chemicals are e.g. now sold by A&O Imaging Solutions, and AgfaPhoto Vista Brand Film is sold by Lupus Imaging & Media.
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Management buyout[edit]
In 2004, Agfa-Gevaert announced that it had reached a definitive agreement to divest the whole of its Consumer Imaging business in a management buyout for a purchase price of €175.5 million. The divestment covered the whole of its Consumer Imaging business, including film, finishing products, and lab equipment, grouped in a new company – AgfaPhoto GmbH, as well as the related lease portfolio, in a management buyout. The targeted closing date of the transaction was November 1, 2004.
The transaction resulted in a non-cash book loss to Agfa-Gevaert of €430 million, but was cash positive to the extent of €260 million. While the trading environment for both HealthCare and Graphic System divisions improved considerably, the group's half year results were heavily affected by the expected book loss on the divestiture of Consumer Imaging.
AgfaPhoto Holding GmbH[edit]
The AgfaPhoto Holding GmbH, headquartered in Leverkusen and Cologne/Germany, is dealing internationally in the consumer imaging sector. Based on a long-term trademark agreement with Agfa-Gevaert NV & Co. KG and Agfa-Gevaert NV, the company is granting sublicenses for the AgfaPhoto-trademark and the Red-Dot-Logo.
The following consumer imaging products are offered already with the AgfaPhoto trademark:Digital Cameras & Camcorder, Analog Filmrolls & (Single Use-) Cameras, Flash Memory Cards & USB Drives, Mobile Energy Products, Digital Photo Frames, Minilabs incl. Service & Spare Parts, Optical & Magnetic Storage Media, LCD TV, DVD Players, Pocket Projectors, Binoculars, Cleaning Products, Ink Cartridges, Photo Paper
Agfa Camera Value
The official claim[citation needed] of the brand: 'AgfaPhoto is the personal companion that lets consumers experience the world of images in all its exciting facets and turns the special moments in life into lasting and shareable memories.'
Agfa Cameras
See also[edit]
References[edit]
Old Agfa Cameras Value
- ^AgfaPhoto files for insolvency, dpreview.com. Article dated 2005-05-27, retrieved 2007-03-04.
External links[edit]
Agfa Cameras History