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Fuji Xerox Australia announced the acquisition of Triangle Corporation, its second strategic purchase in two years. The acquisition of Triangle’s assets and customer base gives Fuji Xerox Australia access to the market of wide format printing and penetration of the architectural, engineering and construction markets.
According to Nick Kugenthiran, Managing Director of Fuji Xerox Australia, “This acquisition is a key part of a strategic journey to expand our technology and services offerings and develop integrated document services across various industries. It also signals a new, aggressive era in which Fuji Xerox Australia is not only consolidating, but increasing our market leadership.” Fuji Xerox Australia already had an established partnership with Triangle Corporation, forged over more than a decade. With this acquisition, Fuji Xerox Australia is now able to offer a broader range of services to its customers and provide seamless integration. Triangle’s insight into wide format printing trends will also be valuable to the rest of Fuji Xerox Australia’s business.
The focus for Fuji Xerox Australia over the next three months is to provide continuity of business and maintain excellent service delivery to all Triangle customers.
Fuji Xerox Australia’s first significant strategic acquisition was KAZ Group’s Business Process Outsourcing (BPO) division, sold by Telstra in 2008. Since then Fuji Xerox Australia has developed significant business process outsourcing services and has become a market leader in the segment, providing innovative solutions to customers in various vertical markets.
Triangle Corporation’s Stuart Hardeman will retire once the acquisition is complete. “We have been working with Fuji Xerox Australia for many years now, having been the sole distributer for the company’s wider format devices, and it seemed to be a natural fit to sell the business to Fuji Xerox Australia,” he commented.
“We believe this is a positive move for both companies and that our customers and clients will gain further value as a result.” Back to Home page
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