Ricoh Expands Presence in Turkey with Second Acquisition

Ricoh Time SquareRicoh Company of Japan reports that it’s expanding its presence in Turkey with a second acquisition, as Ricoh Turkey Baski Cozumleri Limited Sirketi (Ricoh Turkey) and Ofisteknik A.S. and Ofisteknik LTD. (Ofisteknik) have signed an agreement for Ricoh Turkey to acquires portions of Ofisteknik’s business and assets.

The agreement is now pending the approval of the Turkish Competition Board. Ricoh says its intention is to ensure its extended team in Turkey will focus on transforming the business-document processes of its office clients, and work closely with production-printing businesses in Turkey to support them as they grow their client services and increase profitability.

Production-printing customers in Turkey will have increased access to an extensive support program from Ricoh’s network, including its services portfolio. Office clients will gain access to Ricoh’s services portfolio which includes: Managed Document Services, IT Services, and Outsourcing Services. Customers can also choose from an even broader product portfolio that includes Ricoh core printing technologies and unified communications.

Ofisteknik is a distributor of office and production-printing systems in Turkey with 140 employees. Ricoh says its performance-based culture, service-orientated approach, and the international outlook of the company provides a strong fit with Ricoh. It is already a distributor of Ricoh office equipment in Turkey (Ofisteknik LTD.) and has experience of meeting the specialist needs of the production-printing market. (Ofisteknik A.S.)

Alongside the growth of its direct operations, Ricoh says it remains firmly committed to maintaining and supporting its robust distributor and dealer channels and its successful, multi-brand, multi-channel strategy in Turkey.

Akira Oyama, CEO Ricoh Europe commented, “We are excited to be expanding our services for the office and production printing businesses in Turkey. We look forward to working with them as they shape their digital strategies and optimise business critical processes for future growth. Our expansion also provides more opportunities for us to enhance the relationships with our distribution partners in Turkey as they grow the products and services they are providing to their clients. The large appetite for new digital technologies allows Ricoh and its partners to contribute to growing the overall market in Turkey for digital office and production printing solutions. ”

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