Kyocera Mita India Pvt Ltd, which is a wholly-owned subsidiary of the Japanese Kyocera Group, has just announced that it has acquired the copier division of Kilburn Office Automation Ltd, one of the most well-known companies for marketing and servicing of photocopiers, multifunctional products and printers in India.
This acquisition will enable Kyocera Mita India to provide its customers with products and document solutions in India via a direct sales team or through channel partners. Kyocera Mita will be leveraging the customer relationship built by Kilburn over the years in major government and corporate settings.
According to President of Kyocera Mita Asia Ltd M. Higuchi, "Kyocera plans to triple the March 2012 sales amount by March 2014 in China, India, Korea and Asian countries, and among them, India's role is essential for success. The acquisition of Kilburn is an important foundation to achieve Kyocera's aim to become a top group in India's printer and multifunctional printer industry."
Higuchi also noted that this acquisition demonstrates Kyocera Mita Corporation's commitment to invest and grow in the Indian market in order to rapidly achieve its final objective.
K. Swetharanyan, Managing Director for Kyocera Mita India Pvt Ltd, stated, "With this acquisition, we will be taking on board 108 employees of Kilburn and a vast majority of their Channel Partners with more than 9,000 direct MIF and the large customer base across the country. It will give us a direct presence in 15 major cities. Kycera Mita will be investing heavily in channel expansion, dealer development and technical skill upgrades to enhance our customer satisfaction."
Source: The Economic Times - Kyocera Mita India acquires copier division of Kilburn Automation