France's Armor Now In Bed With China's Speed Infotech. Armor Office Printing, producer of remanufactured printer consumables, and Speed Infotech, a Chinese remanufacturer of ink cartridges, will work together in the future. (Google Translated). The goal is to strengthen the market position in Europe. Under the agreement, Speed Infotech will provide access to its ink cartridge production capacity, while Armor will bring its empty cartridge collection business, Recoll, based in the Netherlands, Armor said. Customers in Europe will benefit from the improved supply chain and broader product line, said Hubert de Boisredon, CEO of Armor.
Armor, with around 1850 employees worldwide, collects and sells more than six million toner and ink cartridges each year. Despite the highly competitive market environment, the company was able to gain further market share in Europe last year (plus ten percent in 2017). The printer accessories specialist is currently further expanding its OWA brand and business customer services in the European market. Armor produces in a factory in Poland, research and development are located in Germany.
The Chinese manufacturer Speed Infotech has also had its own plant in Europe, in the Czech Republic, since 2017 – in order to expand its presence on the European market, as the head of the Czech branch Cory Holtkamp emphasized at the time . The company is headquartered in Shanghai with around 400 employees and exports to more than 50 countries. https://www.pbs-business.de/news/lieferanten/19-07-2018-armor-office-printing-sucht-sich-chinesischen-partner/