EU's EMPTY CARTRIDGES COLLECTION LEADER BUYS COMPETITOR …

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EU's EMPTY CARTRIDGES COLLECTION LEADER BUYS COMPETITOR …

 user 2010-05-24 at 9:46:14 am Views: 69
  • #24074
    http://www.uspmagazine.com/news-detailed/1371/Armor-acquires-Wecare4/
    EUROPE’s EMPTY CARTRIDGES COLLECTION LEADER
    BUYS COMPETITOR

    Armor acquires Wecare4
    Compatible cartridge firms sign
    agreement

    Armor Group has signed an agreement for
    the acquisition of Wecare4, a European leader in the collection,
    manufacture and sales of remanufactured inkjet cartridges. The firm is
    based in The Netherlands with a manufacturing unit in the Czech
    Republic.

    According to a company statement, Wecare4′s strong
    brand presence in Northern Europe is set to open up new opportunities
    for Armor, notably in the Netherlands where Wecare4 products will
    continue to be promoted under the Wecare brand.Hubert de Boisredon,
    Armor Group CEO, explained: “Wecare4′s acquisition strengthens Armor’s
    commitment in sustainable development. We become one of the very rare
    players possessing mastery of the industrial process for all three key
    ranges of the new generation consumables market: laser, new-built inkjet
    and remanufactured inkjet. Armor will thus offer its customers a
    complete in-house manufactured range, ensuring both a high quality
    process and total product traceability.”Merging the Wecare4 and Armor
    Office Printing businesses will create the only complete platform in
    Europe to provide the whole range of new generation printing consumables
    to customers from one single source.”

    With the Wecare4
    acquisition, Armor Group forecasts a turnover of €170m in 2010 – €70m of
    which will be generated by office printing. The new activity will be
    managed by Pierre-Yves Léger, MD for Armor office printing activity.