August 2, 2017
Konica Minolta reported the acquisition, which closed 01 August, will strengthen the company’s distribution network and further advanced its position within the industry.
Muratec has shown steady growth over the years, both in solutions and services sectors. The company has built a strong portfolio due to their technical expertise and innovative, problem-solving approach.
As a wholly-owned, consolidated subsidiary of Konica Minolta, Muratec America, Inc. will continue to deliver its sales and maintenance business and will operate under the leadership of President, Jim D’Emidio.
“Historically we’ve had a mutual and complementary product lineup with Muratec making this acquisition a great platform to create new synergies together,” said Rick Taylor, President and CEO, Konica Minolta. “The fact that the fundamentals of both of these companies align and we both strive to be the best in every region, makes this a perfect fit.”
“Muratec and Konica Minolta have had a very close relationship for many years,” stated Jim D’Emidio, President, Muratec. “With the strength of Konica Minolta, I am confident we will achieve even more significant growth and provide stronger support to our customers.”
This is Konica Minolta Business Solutions’ 30th acquisition in the past five years.
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