Konica Minolta Acquires Muratec America, Inc.
Konica Minolta Strengthening Distribution Network
Konica Minolta acquires Muratec on August 1st, marking their 30th acquisition in the past five years. According to the press release, Konica intends to use Muratec to “strengthen the company’s distribution network.”
Muratec will be a wholly-owned, consolidated subsidiary of Konica Minolta and “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. “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.”