MISSISSAUGA, Ont. – Konica Minolta Canada says it has acquired Pitney Bowes Canada’s document imaging solutions business, expanding its direct sales and service network across Canada by more than 300 employees.
Financial terms of the deal weren’t disclosed, but Pitney Bowes Canada’s document imaging business generated about $82 million in revenue in 2013.
Konica Minolta says the acquisition will allow it to expand its document imaging business to commercial and corporate accounts in Canada.
As part of the transaction, Konica Minolta will represent Pitney Bowes Canada’s mailing business in the provinces of Saskatchewan, New Brunswick, Nova Scotia, Newfoundland and Labrador, Prince Edward Island and some select areas across Canada.
Konica Minolta Business Solutions Canada, Ltd. helps business improve their speed to market, manage technology costs, and share information to increase productivity.
Pitney Bowes provides shipping and mailing solutions, data management software, among other services around the world..