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Ricoh enhances services expertise with acquisition of Upfront SPRL in Belgium

Ricoh Europe, London, 22 December 2015 – Ricoh Europe has announced that its subsidiary in Belgium has acquired the shares of Upfront SPRL, a leading company in the Belgian IT Services market. The investment will see Upfront’s employees become a part of Ricoh’s global network, providing new opportunities to develop and share their expertise. 

Upfront was established in 2003 and is located south of Brussels. Like Ricoh, it operates across a range of industries. Therefore, the acquisition provides an ideal opportunity to further enhance the value delivered to businesses seeking IT Services.

Eric Gryson, CEO of Ricoh Belgium, said, "Upfront is a committed and highly skilled organisation which aligns with Ricoh’s IT Services offering. The extensive knowledge and experience of Upfront will help our clients to take advantage of future opportunities throughout the digital age”.

This acquisition is a part of Ricoh’s global strengthening of its business service infrastructure, providing organisations around the world with the tools and expertise to optimise business critical document processes and IT Services. It builds on the acquisition of IT services provider, Npo Sistemi in Italy in 2014. In addition to the global expansion of its services business, it supports Ricoh’s focus to expand its customer base and deliver products and services with high added value.

|About Ricoh|

Ricoh is a global technology company that has been transforming the way people work for more than 80 years. Under its corporate tagline – imagine. change. – Ricoh continues to empower companies and individuals with services and technologies that inspire innovation, enhance sustainability and boost business growth. These include document management systems, IT services, production print solutions, visual communications systems, digital cameras, and industrial systems.

Headquartered in Tokyo, Ricoh Group operates in approximately 200 countries and regions. In the financial year ending March 2016, Ricoh Group had worldwide sales of 2,209 billion yen (approx. 19.6 billion USD)
For further information, please visit www.ricoh-europe.com

For further information, please contact:
Ricoh Europe PLC
Jack Gibson
Tel: +44 (0) 203 033 3766

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