The Recycler
  • Biuromax Web ad May 2021
  • Ninestar Masthead banner July 2021
  • Nubeprint Online 425x90
  • Katun March Web Advert 2021
  • ECS Web ad October

Ninestar completes Pantum acquisition

Ninestar completes Pantum acquisition

September 1, 2021

The company has completed the acquisition of 100% of shares of its Pantum Electronics subsidiary.

The China Securities Regulatory and the China Securities Regulatory Commission’s Listed Companies Mergers and Acquisitions and Reorganization Review Committee have reviewed the issuance of shares by Ninestar Co., Ltd. (Pantum Electronics) and payment of cash to purchase 100% equity of its Zhuhai Pantum Electronics Co., Ltd. subsidiary.

This resulted in the suspension of trading on 25th August so the transaction could take place.

Ninestar Co., Ltd. now holds 100% of the equity of Pantum Electronics.

Pantum has been expanding rapidly in multiple markets. In May this year the UK distributor, Data Direct entered into a distribution agreement with Pantum to supply Pantum printing products in the UK.

The Data Direct deal followed Pantum’s expansion into the US market, via Amazon with the launch of the Pantum BP5100 and BM5100 series of printers on Amazon.

In Europe the company has been expanding its European commercial network and where it released the Pantum BP5100 series and BM 5100 series printers. The commercial focus is on the key markets of Western Europe and Central and Eastern Europe and is also launching on-the-ground after-sales services in Spain.

Our take on this: This acquisition increases the Ninestar OEM footprint with both Lexmark and Pantum in the printer space.  Lexmark has a clear channel and Pantum ticks all the boxes for someone looking for a robust, no nonsense printer. But in a mature market, which OEMs are going to be squeezed as Pantum expands into more and more markets.?

Categories : City News

Tags : Acquisition Ninestar Pantum Reorganisation

  • Static Web ad July 2021
  • IR Italiana Web ad January 2021
  • Mito September 2021 Web Advert
  • Armor May banner Ink
  • GM Tech Web ad October
  • GPI Web ad October
  • Apex web ad May 2021 version 2
  • Aster Web ad October
  • Ninestar Big & Bold July 2021
  • HYB Web ad February 2021
  • CTS Toner Supplies Web ad April 2021
  • CET Web ad September 2021
  • ITP Web ad January 2021
  • Ohana July 2021 web advert
  • Adter Recruitment Web ad April 2021
  • PCL Web ad January 2021
  • PW Dubai December Ad
  • PW Dubai December Ad
  • ITP Web ad January 2021
  • Adter Recruitment Web ad April 2021
  • PCL Web ad January 2021
  • CTS Toner Supplies Web ad April 2021
  • CET Web ad September 2021
  • Ohana July 2021 web advert
  • HYB Web ad February 2021
  • PW Dubai December Ad
  • Ohana July 2021 web advert
  • PCL Web ad January 2021
  • CTS Toner Supplies Web ad April 2021
  • Adter Recruitment Web ad April 2021
  • HYB Web ad February 2021
  • ITP Web ad January 2021
  • CET Web ad September 2021

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark