Konica Minolta Holdings Inc. (via noodls) / Konica Minolta Acquires Er...

1 of 2

http://www.noodls.com/view/F4520B28E68C409F5B8277BA14AE35...

Konica Minolta Holdings Inc.

23/06/2014 | Press release

Konica Minolta Acquires Ergo Asia

distributed by noodls on 23/06/2014 04:16

Tokyo (June 23, 2014) - Konica Minolta, Inc. (Konica Minolta) today announced that it has entered
into an agreement with Ergo Asia Pty Limited (Ergo), a leading Asian marketing production
management services provider, to acquire all shares. Ergo has its global headquarters in Sydney,
Australia.
Background
Under its Medium Term Business Plan "TRANSFORM 2016," business expansion in the production print
sector is one of Konica Minolta's major management policies.
Among the production print sector, especially in the high-volume output segment, commercial
printers expect vendors to offer solution proposals utilizing productive digital printing systems
with stable and high-quality output capabilities for a wide variety of paper types. Moreover,
enterprise clients that order print jobs to printers need offering of new approaches and services
to bring added values to a diverse mix of production (print, digital, displays, artwork, etc) for
sales promotion and other marketing efforts.
Purpose and effect
Ergo's general enterprise customers take full advantage of Ergo's expertise in the "Marketing
Print Management (MPM)" services that improve marketing business process and assist planning and
production of highly value-added products useful for promotion and marketing purposes. Ergo has
been developing its MPM business across Asia.
With the acquisition, Konica Minolta intends to add not only Ergo's sophisticated services
management know-how and network but also its unique application system leading to higher
productivity in running the business.
As a result of the acquisition, Konica Minolta will be able to offer a wider variety of options
and solutions, based on the latest schemes and innovative technologies, in responding to demands
from general enterprise clients in Oceania and Asia, not only for higher added value and optimized
quality but also for better cost performance in their marketing production needs. Furthermore,
along with the acquisition of UK-based Charterhouse PM Limited in November 2012, Konica Minolta
will be well positioned to build a system to deliver MPM services for global corporations with
offices in Oceania and Asia. Through the offering of MPM services, Konica Minolta will contribute
to broadening the scope of commercial printers and general enterprise customers' businesses.
Ergo's customer base will continue to be supported and expanded through the continuing evolution
of Ergo's MPM business.
Scheme of acquisition
Konica Minolta will purchase all shares of Ergo. The two companies entered into the definitive
agreement for the acquisition on June 11, 2014.
Overview of Ergo
Company name

Ergo Asia Pty Limited

Established

2004

Headquarters

Sydney, Australia

Number of
employees

176 (as at August 20, 2013)

Countries with
offices

Australia, New Zealand, China, Indonesia, India, Thailand, The Philippines, Vietnam,
Singapore and USA

Business
operation

Provision of marketing management services including Digital Production, Digital Asset

Management, Studio Services, Software Provision, Retail Display Production and Print
Production

6/1/2016 5:50 AM

Konica Minolta Holdings Inc. (via noodls) / Konica Minolta Acquires Er...

2 of 2

http://www.noodls.com/view/F4520B28E68C409F5B8277BA14AE35...

With its Brand Proposition "Giving Shape to Ideas," Konica Minolta will continue enhancing its
presence in the production print field and the corporate values of the Konica Minolta Group
through offering of solutions and services that fulfill the customers' needs and bring high added
values.
Smartlinks | Konica Minolta Holdings Inc. | Business and Economy Top News | Company News | Manufacturing |
Stocks and Security Markets | Technology | Financial Statement | Merger and Acquisition | Process Industry |
Conglomerates and Diversified | Company Key Developments | Holdings and Conglomerates | Brse Frankfurt |
Tokyo Stock Exchange (TSE) | Brse Mnchen | Deutsche Brse (XETRA) | Osaka Securities Exchange | OTC Markets
| Forbes Global 2000 | Large Cap and Index Constituents

6/1/2016 5:50 AM