Xerox Corporation, one of the biggest manufacturers of copiers, printers, multifunction devices and related products in the world (and one of the most well-known), has just announced that its Global Imaging Systems subsidiary has acquired Merizon Group Incorporated, a copier and printer distributor, in the latest in a series of office services company acquisitions. The terms of the deal have yet to be disclosed by either company.Xerox stated that the purchase built on the company's strategy of quote "creating a nationwide network of locally-based companies focused on improving document workflow and office efficiency." Xerox's Global Imaging Office Technology Division is responsible for the selling of printers, copiers and other office products for Xerox and has bought multiple companies in states like Iowa, New York, Illinois, Virginia and Florida this year alone.
Merizon's MBM division, which is based in Appleton, Wisconsin, is responsible for the distribution of Canon, Samsung, and Kyocera Mita brand printers, copiers, multifunction devices and other office products. The MBM division will start offering Xerox's printing products, as well as the company's print services, to its customers said the company in a recent statement.
Xerox is definitely looking to expand its business, especially with these recent purchases in Iowa, New York, Illinois, Virginia, Florida and now, most recently, Wisconsin. If Xerox keeps it up, we can expect some pretty big things from the company come 2012.
Source: Bloomberg Businessweek - Xerox buys Merizon for undisclosed sum
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