Oc'e and Canon are to combine their printing activities, aiming to create the overall number one presence in the printing industry. Their offering will capitalise on a complementary fit in terms of product range, channel mix, research and development and business lines, resulting in an enhanced client offering spanning the entire printing industry.
There is a strong strategic rationale for the venture, whereby both companies will grow and build on a proven track record in innovation and client servicing.
Canon's President and COO Tsuneji Uchida says: “We are delighted to welcome Oc'e, the ideal partner in every respect, into the Canon Group. Through the merger of Oc'e and Canon, we believe we will be able to realise clear benefits, not only in the area of R&D, but also in terms of product mix and marketing, and are confident that this winning combination will contribute greatly to our goal of becoming the overall number one presence in the printing industry.”
Oc'e's CEO Rokus van Iperen says: “There is a great fit between our companies, which share similar values and a strong commitment to technology and innovation. I am proud Canon intends to team up with Oc'e, based on the prominence of our customers and technology and of course our people that have shaped out company for generations.
“This is the best possible combination in the consolidating global printing industry and will deliver scale in R&D, manufacturing and distribution.”
Referring to the impact that the acquisition will have on the South African market, the Managing Director of Oc'e South Africa, Keith Dix-Peek, says, “Oc'e South Africa is a Bidvest-owned distributor of Oc'e products and is Oce's largest distributor in the world. We will continue to sell, service and support all Oc'e products.”
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