Ricoh Europe B.V have acquired European operations of Danka Business Systems PLC
Ricoh Company, Ltd. (CEO: Masamitsu Sakurai) today announced that its subsidiary Ricoh Europe B.V. (“REBV”, 100% owned by Ricoh Co., Ltd.) have completed the procedures of Share Purchase Agreement with Danka Business Systems PLC (“Danka”, office equipment sales/service company) to acquire Danka’s European operations.
<Transaction profile>
| Content of agreement |
REBV will acquire 100% share of Danka’s European operating and holding companies (total 16 companies). |
| Share transfer date |
January 31, 2007 |
<Danka: European operations profile>
| Business |
Sales and service of office equipment such as copiers, printers and fax machines. |
| Net sales |
Approximately US$520 million (approximately 60.0 billion Yen /
Fiscal year ended March 2006)
|
| Countries of operation |
UK, Germany, France, Italy, Spain, the Netherlands, Austria, Belgium, Switzerland, Denmark, Norway, Sweden |
| Number of employees |
Approximately 2,300 |
Contact:
RICOH COMPANY, LTD.
PR Department
Masakuni Kutsuwada, General Manager
+81-3-6278-5228
koho@ricoh.co.jp February 1, 2007
Ricoh Company, Ltd.
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