Konica Minolta Business Solutions France completes the acquisition of 7 SEQUOÏA Group subsidiaries
Konica Minolta Business Solutions France is strengthening its presence in the Grand-Est and Reunion Island regions where the SEQUOÏA Group subsidiaries are a reference in printing and document flows.
The SEQUOÏA Group, headquartered in Metz, France, was founded by Jean-Michel GUYOT in 2006. It employs 179 staff and has a turnover of €36.5 M (fiscal 2017/2018). Konica Minolta and the SEQUOÏA Group have just concluded an agreement to acquire 100% of the shares of the following SEQUOÏA Group subsidiaries: Sequoïa Logistique, Est Multicopie, Dyctal Bureautique, Global Bureautique, A4A3 Bureautique, REPRO BUREAU and Alliance Bureautique.
The SEQUOÏA Group, one of the leading dealers in the Konica Minolta network (Konica Minolta and Develop brands), grew by taking over several local structures that ensures a strong regional presence.
This operation is part of Konica Minolta’s medium term development plan aimed at consolidating its presence in strategic regions such as the Grand-Est region. In this way, Konica Minolta wishes to deploy its IT service offers as well as the Workplace Hub, its new services platform to support the digital transformation of SMBs.
At the end of this operation, Konica Minolta will hold 100% of the capital of the SEQUOÏA Group's subsidiaries. Jean-Michel GUYOT remains Chairman of the SEQUOÏA Group in charge of development.
This operation has the advantage of bringing together a very high performance distributor network that are well established locally with the power of the Konica Minolta Group. Our skill sets will enable us to meet today’s customer needs more globally through an expanded offering.
Konica Minolta is a historic partner that we share same strategy and values. This synergy will enable us to secure the company's future. The SEQUOÏA Group's subsidiaries will join an innovative company that creates added value for its customers and contributes their growth by providing them with the IT management technologies and services that optimise their efficiency.
In addition, this acquisition is consistent with the Group's SHINKA 2019 corporate strategy as it seeks to become a leading IT services provider and IoT supplier. The strategic direction taken by the Konica Minolta Group reflects its determination to improve work environment and customers’ performance with collaborators and innovative services.
About Konica Minolta Business Solutions Europe
Konica Minolta Business Solutions Europe GmbH, based in Langenhagen, Germany, is a wholly owned subsidiary of Konica Minolta Inc., Tokyo, Japan. Konica Minolta enables its clients to champion the digital era: with its unique imaging expertise and data processing capabilities, Konica Minolta creates relevant solutions for its customers and solves issues faced by society. As a provider of comprehensive IT services, Konica Minolta delivers consultancy and services to optimise business processes with workflow automation and implements solutions in the field of IT infrastructure and IT security as well as cloud environments. Konica Minolta was awarded the prestigious “Buyers Lab PaceSetter award for Smart Workplace Vision” from Keypoint Intelligence” as the only vendor in its industry thanks to its forward-looking vision of the future of work and investment in innovative technology. Being a strong partner for the production and industrial printing market, Konica Minolta offers business consulting, state-of-the-art technology and software and, in 2017, was the production printing market leader for the tenth consecutive year in Europe, Central Asia, the Middle East and Africa (InfoSource). The hardware portfolio covers light and mid production as well as industrial printing machines. Konica Minolta Marketing Services provides value added services that intelligently link print and digital marketing in an effective and efficient way. In the healthcare sector, Konica Minolta drives digitalisation of clinical workflows and offers a broad range of next-level diagnostic solutions. Through its Business Innovation Centre in London and four R&D laboratories in Europe, Konica Minolta brings innovation forward by collaborating with its customers as well as academic, industrial and entrepreneurial partners. Konica Minolta Business Solutions Europe is represented by subsidiaries and distributors in more than 80 countries in Europe, Central Asia, the Middle East and Africa. With almost 9,900 employees (as of April 2018), Konica Minolta Europe earned net sales of over EUR 2.37 billion in financial year 2017/18.
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