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Xeretec acquires BDS to fast track growth
Xeretec has acquiredXerox reseller Bytes
Document Solutions (BDS), part of theBytes
TechnologyGroup.
The acquisitionmakes Xeretec the largest Xerox
reseller inWestern Europe, in terms of scale,managed
print services and large production equipment sales,
and supports its goal of becoming a £100m turnover
organisation by September 2019.
Commenting on the acquisition, XeretecGroup
ManagingDirector SteveHawkins said:“It has
significant advantages for our customers, staff and
of course Xerox, all of whom are set to enjoy the
many benefits that will come from this best-of-breed
approach.The values of Bytes Document Solutions are
an ideal complement toXeretec’s,making this awin-
win development for all.”
Xeretec says that the acquisitionwill benefit new
and existing customers, by bringing together each
Apogee expands inMidlands
ApogeeCorporation has completed a transaction to acquireNottingham-basedXact
Complete Solutions, a provider ofmanagedprint solutionswith 1,800plus devices
concentrated in theNorthMidlands area.
In a statement,Apogee stated:“We are delighted to once again demonstrate our resolve to grow
within our industry.As a business,we havemade it our sole aim formany years to perfect our craft, so
that wemay bring the very bestmanaged print solutions to an ever increasing and diverse range of
businesses throughout theUK and Europe.AcquiringXact is an exciting step forward in keepingwith
these goals andwe verymuch look forward toworkingwith our new customers, staff and partners alike.”
Apogee,which celebrated its 20th year in business in 2013, has a number of additional
acquisitions and organic growth strategies in the later stages of implementation.
French consumables companyArmor is
under newownership aftermanaging
director Hubert deBoisredon and his
team acquired amajority shareholding in
the company.
Themanagement buy-out was facilitated by
a new type of French Industrial and Innovation
Capital Management (CMII) scheme based
on the ethos of a family business.The new
model requires significant personal financial
commitment by themanagement team; share
capital to be opened up to all employees; and
the backing of investment funding.
Armor has threemain business areas: it is a
world leader in the production andmarketing
of Thermal Transfer printer ribbons for printing
barcodes and variable data on labels and
packaging; a recycler and re-manufacturer of
laser and ink-jet cartridges; and a developer of
organic photovoltaic film for the generation of
renewable energy.
Commercial joins forceswith In2Print
Management buy-out atArmor
TheCommercial Group has acquired a 51%
stake inCheltenham-basedprint services
provider In2Print.The £3million turnover
company has been inbusiness for just under
20 years and countsG4S, Hazelwoods,
Spirax and Superdry as customers.
PeteCassidy, Chairman of In2Print, said:
“Over the last few yearswe’ve enjoyed steady
organic growth but with any business, the key to
continued success is always looking ahead,where
innovation and strategic alliances are vital.
“We’ve talked for a number of years about
joining forces and I’m delighted it’s all happened.
For us, this joint venturemeanswe are able to
utiliseCommercial’s excellent national sales team
and introduceCommercial to our current clients,
and vice-versa.”
Arthur Hindmarch, CEO of TheCommercial
Group, said:“We can continue to provide our
clientswith a high quality print offering, reassured
that we’ve got one of the best print companies
in theUK fulfilling a number of our print orders.
Together we are now a leading force in print
solutions.”
In2Print provides an array of print services,
including litho printing, digital printing, large
format and directmail.
SteveHawkins,ManagingDirector,
XeretecGroup
(l-r)Arthur Hindmarch, CEO of TheCommercial
Group, and PeteCassidy, Chairman of In2Print
In thenews
Reseller of the year
LimpioOffice Solutions has been
named the 2013XeroxAuthorised
Reseller of theYear after doubling its
turnoverwithXerox. Founded in 2003,
Limpiobecame aXeroxAuthorised
Reseller three years ago and now leads
withXeroxMFPs andXerox Partner
Print Services, Xerox’s channelMPS
offering.
company’s print industry contacts, technical knowledge,
market expertise and close tieswithXerox, and ensure
that, as the economy improves, Xeretec is able tomeet
the evolving print needs of customerswherever they
are located in theUK. Xeroxwill benefit from having
a partner that’s better placed to drive sales of its
products, services and solutions.
To ensure continuity for customers, all current
customer relationships, service and support will
continue to be served by existing offices.
The sale of BDSwill enable BytesTechnologyGroup
to continue to focus on software and software services.
Neil Murphy, Bytes GroupMD, said:“The Bytes Group
intends to invest further in its software and software
services capabilities. Importantly,wewill work in close
partnershipwithXeretecmoving forward to ensure
customer satisfaction is our number one priority.”
