DANKA’S INTERNATIONAL OPERATIONS SOLD

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DANKA’S INTERNATIONAL OPERATIONS SOLD

 user 2005-10-04 at 10:55:00 am Views: 59
  • #13083

    Danka’s international operations sold
    Danka Business Systems
    PLC said Monday that it sold its operations in Brazil, Chile, Mexico,
    Panama, Puerto Rico and Venezuela for a combined $10-million in cash to
    Toshiba America Business Solutions Inc. Chief executive Todd Mavis said
    the sale will help Danka focus on its largest and most profitable
    market: the United States. Danka, a British distributor and servicer of
    office copiers and printers that has its U.S. headquarters in St.
    Petersburg, sold its Canadian subsidiary this year and its Portuguese
    and Russian units in fiscal year 2004.