Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) has acquired Muratec America, Inc., a leading supplier of multifunction (MFP) solutions and a provider of managed document and cloud services in North America. The acquisition, which closes today, will strengthen the company’s distribution network and further advance Konica Minolta’s leading position within the industry.
Muratec (publicity photo left) is well-positioned and 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 high quality 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 (pictured right). “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 (pictured left). “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. With over 8,000 employees in the U.S., it is part of Konica Minolta Inc., a global technology company.
What does industry commentator Ray Stasieczko say about this? Watch RT Media’s quick Skype interview with Stasieczko.
Patricia Ames and Amy Weiss from the Imaging Channel were quick to comment: “In the end, this acquisition may be more about people than money — in a good way. We attended an investor panel recently where Rick Taylor indicated that Konica Minolta seeks to acquire companies that have great teams that can be leveraged within their larger organization. As evidenced by its awards as well as word-of-mouth, Muratec is widely recognized as one of the best companies in the channel to do business with; known for keeping promises, fixing problems, and treating customers with the kind of consideration always touted as critical by training programs and sales gurus, but not always experienced in reality. In making this acquisition, Konica Minolta acquires an experienced team that is ready, willing and able to serve the channel, but now with the tremendous resources that Konica Minolta has to offer. It appears to be a great merger that is a cultural as well as a technological fit.”