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Armor invests in Europe

May 28, 2014

Armor's Hubert de Boisredon

Armor’s Hubert de Boisredon

French aftermarket manufacturer is reorganising its Office Printing business between France, Germany and the Netherlands, despite increase in euroscepticism and offshoring.

Armor has announced plans to reorganise its Office Printing business between France, Germany and the Netherlands and invest in industrial sites in France and Poland, asserting that “Europe can be strong industrially” at a time of euroscepticism, offshoring and “dismantling of the great names of French industry”.

The company stated that it is investing in “a Europe that is industrially ambitious and innovative” and that is “able to compete with the giants of America and Asia” by reorganising its Office Printing division, which includes ink cartridges for both professional and private use. The plans follow a 50 percent growth in Armor’s printer consumables business since 2008.

Hubert de Boisredon, Chairman and Chief Executive of the Armor group who led the acquisition of the company from an investment fund in April, said: “By reorganising Armor Office Printing, we are seeking to serve our business and private customers better, particularly in Germany, France, the United Kingdom and the North of Europe. More than ever, we want to become the leader in the European production of compatible printer cartridges, drawing on the group’s industrial expertise and successful globalisation based on co-industrialisation.”

The reorganisation will see the company establish a head office for the inkjet cartridge arm of the business in Dortmund, Germany, with a collection office in Etten-Leur, the Netherlands. Production activities meanwhile will be performed at the manufacturing site in Prudnik, Poland; which will double its capacity by incorporating the reconditioned inkjet cartridges previously manufactured in Píesk, Czech Republic. The Píesk plant will instead specialise in the sorting of used cartridges for recycling, with a new collection programme, the “Recycle Club”, set up to encourage customers to recycle their cartridges in greater quantities. Furthermore, Armor invested in a new logistics site near Prudnik at the beginning of this year, enabling the company to provide retail customers with a quicker service.

In terms of laser cartridges, the Armor Office Printing Corporate business (AOPC) is headquartered in Nantes, France, and the company plans to repatriate its packaging operations performed at its Morocco site to its logistics site in Nantes in order to package products on-demand and thus optimise delivery times. This will also mean that, by freeing up space at the Morocco plant, productivity will increase and working conditions will be improved at the site.

Armor stated that this reorganisation is expected to be completed by mid-2015 and will create 24 new jobs in France as well as doubling production capacity from 1.5 million to three million laser cartridges per year.

Categories : City News

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