Ricoh Europe announces mergers in France, Italy, Spain and the United Kingdom
London, 1 April 2008 – Ricoh today announced the merger of Ricoh and NRG operations in France, Italy, Spain and the United Kingdom. The unified companies will trade under the Ricoh brand name while retaining their multi-brand and multi-channel strategy. The announcement is part of a reorganization plan to transform the Ricoh EMEA Group into a world-class pan-European organization in which each new Ricoh operating company will build upon its strong market presence while enhancing its flexibility and responsiveness to their customers.
- Ricoh France S.A.S. and NRG France S.A.S. have merged, now trading as Ricoh France S.A.S.
- Ricoh Italia S.p.A. and NRG Italia Srl have merged, now trading as Ricoh Italia Srl.
- Ricoh España S.A. and NRG Group Spain S.A. have merged, now trading as Ricoh España S.A.
- Ricoh UK Ltd. and NRG Group UK Ltd. have merged, now trading as Ricoh UK Ltd.
Steve Saito, President and Chief Operating Officer (COO) of Ricoh Europe PLC said, “Ricoh is strengthened by the new structure which combines our technical, managerial and sales expertise, enabling an improvement in performance to address our customers’ needs. Furthermore, Ricoh is in a strong position to compete in today's competitive marketplace and continue to develop leading technologies for the office and printing markets.”
Simon Sasaki, Chairman and Chief Executive Officer (CEO) of Ricoh Europe PLC stated: “Our company vision is to be winners in the 21st Century, that means providing advanced products and solutions for our customers and to be recognized as leaders in our field. By leveraging our resources effectively, we are able to focus on developing our product, solution and service offerings.”
Note to editors
Ricoh Europe PLC is the EMEA Headquarters of Ricoh Company Ltd., the leading global manufacturer of office equipment, located in London, United Kingdom and Amstelveen, the Netherlands. Ricoh’s EMEA operations comprise 35 sales subsidiaries and affiliates. In the fiscal year ended 31 March 2008, revenues from Ricoh’s EMEA operations totalled over ¥ 603.2 billion, accounting for 27.2% of the company’s global revenues. Ricoh’s worldwide sales increased by 7.3%, totalling ¥ 2,219.9 billion ($ 22.2 billion).
For further information, please contact:
Ricoh Europe PLC
Tel: +44 (0) 20 7465 1107