Toner-Cartridge Remanufacturers Clover and MSE Announce Merger
Clover Technologies Group, a global provider of remanufactured toner cartridges, announced a merger with Micro Solutions Enterprises (MSE), a provider of patented technologies for remanufactured toner cartridges, with the transaction expected to close in late summer pending regulatory approval.
For 20 years, MSE has provided the global dealer community with OEM alternative products. Since its inception in 1996, Clover has evolved from a remanufacturer of ink and toner cartridges to one of the largest global providers of products and services, including asset valuation, collections, reverse logistics, repair, remanufacturing, and resale for the imaging, wireless, and telecommunications equipment markets.
Yoel Wazana, president and founder of MSE, commented, “We have always approached this business with a spirit of innovation driven by engineering and a zeal to always strive for improvement. This new partnership will only enhance these core principles by providing more access to resources, engineering, technology, and world-class production facilities. Together with Clover, we will leverage the technology, R&D and QC global teams utilizing MSE’S intelligent re-engineering platform to bring better products and solutions to the marketplace.”
MSE CEO Avi Wazana, MSE’s CEO, stated, “Clover’s leadership position in the recovery, remanufacturing, and re-marketing of technology assets will enable MSE to expand into new markets and products much quicker than we could have on our own. By capitalizing on our complementary strengths and utilizing Clover’s core collection programs, global footprint, logistics, and distribution capabilities to enhance availability and product line diversification, we will deliver unparalleled quality, value and service to our collective customers. This partnership will provide us the opportunity to make the MSE brand stronger than ever.”
Clover CEO Jim Cerkleski commented, “We are excited about supporting our U.S.A. manufacturing base at MSE’s California facility with this merger. Our combined experience, skill sets, and capabilities will create never-before-seen value for all of our customers. For a long time, MSE’s brand has been synonymous with quality and innovation. This strategic partnership allows us to work together to leverage MSE’S patented technologies and proprietary processes, as well as their unparalleled product development capabilities for the benefit of all of our global customer base. On a personal note, I am looking forward to working with the MSE executive and management team to maximize the benefit to our combined customers of MSE’s established expertise in quality and product development.”
Clover is a privately held company in the United States with over 50 locations worldwide. It’s also the world’s largest collector and recycler of empty ink and toner cartridges in the aftermarket imaging-supplies industry and provides comprehensive recycling services for small electronics, including wireless devices as well as electronic asset life-cycle management. The complete line of Clover’s toner and ink is available through office-products distributors and resellers, and marketed under a variety of private-label brands. Clover also offers a portfolio of products and reverse-logistics solutions for wireless devices, including private-label programs.
Founded in 1994 by Yoel Wazana, MSE says it’s the largest toner-cartridge remanufacturer with all of its production facilities based in the United States. MSE pioneered the process of Intelligent Re-Engineering, which employs patented technologies, proprietary processes, and testing methodologies that it says result in the market’s best alternative to OEM print consumables. MSE has sales and distribution in Canada, Europe (United Kingdom, Spain, and The Netherlands), United Arab Emirates, South Africa, California, and Pennsylvania.