The Recycler
  • G&G Feb 24 Masthead Banner
  • Katun web banner December 2022 NEW
  • Biuromax Masthead web banner March 2024

Xerox sells operations in Argentina and Chile

March 13, 2024

Xerox said that this transition aligns with the company’s ongoing Reinvention.

Xerox Holdings Corporation announced plans to transform its operating model in Argentina and Chile and has sold its operations in these regions to Grupo Datco, a technologies and fibre optic network services provider in Latin America.

“As Xerox continues its Reinvention journey, the company is committed to helping our clients reach their goals. Across geographies, we rely on our partners to help steer the channel and accelerate growth for our clients, making them more productive and successful,” said John Bruno, President and Chief Operating Officer at Xerox. “Grupo Datco has a proven track record of providing clients the software and services they need to be successful, and we look forward to working alongside them as we transition our Argentina and Chile businesses to a partner-led model to support this effort.”

Following this transfer of ownership, the new companies will operate as independent entities. Grupo Datco will continue to service Xerox devices previously sold in Argentina and Chile and will become the exclusive partner for Xerox in these markets. Xerox added that it has a successful and well-established partner-led business and will continue to uphold its brand presence in the region through its network of partners.

“We are proud to continue Xerox’s business management in Argentina and Chile, countries where we know we can add value and gain even more market share for the excellent products and services of a brand associated with innovation like Xerox,” said Horacio Martínez, Chief Executive Officer and Founder of Grupo Datco. “Grupo Datco’s ability to offer Xerox’s products and solutions in Argentina and Chile will generate new growth opportunities and a long-term business plan, with a priority being placed on preserving its talented workforce. Grupo Datco has a successful track record with acquired companies. At Grupo Datco we always focus on growth, synergies, and long-term development.”

Financial terms of the transaction were not disclosed.

Categories : City News

Tags : Business Operations Reinvention Sale Xerox

  • Apex Web Banner April 2024
  • Biuromax March 2024 Banner
  • Static Control June 2022 Big & Bold Ad
  • G&G Big & Bold Web banner January 2024
  • IR Italiana Web ad January 2021
  • Mito Web advert July 2023
  • TN Core April 2024 Web Banner
  • GM Technology Web Ad March 2024
  • Ink Tank April 2024 Web Ads
  • Cartridge Web April 2024 Web Banner
  • Altkin Web ad March 2024
  • PCL April 2024 Web Banner
  • CET Web ad December 2023
  • ITP Web ad January 2021
  • Zhono Web ad March 2024
  • HYB Web banner Jan 2024
  • Denner Feb 2024 Web Ad
  • Altkin Web ad March 2024
  • HYB Web banner Jan 2024
  • Zhono Web ad March 2024
  • Denner Feb 2024 Web Ad
  • ITP Web ad January 2021
  • CET Web ad December 2023
  • PCL April 2024 Web Banner
  • HYB Web banner Jan 2024
  • Zhono Web ad March 2024
  • ITP Web ad January 2021
  • PCL April 2024 Web Banner
  • CET Web ad December 2023
  • Altkin Web ad March 2024
  • Denner Feb 2024 Web Ad

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark

The Recycler Subscribe Web ad January 2021
The Recycler Subscribe Web ad January 2021