Konica Minolta Business Solutions France is strengthening its presence in the Grand-Est and Reunion Island regions where the SEQUOÏA Group subsidiaries are a reference in printing and document flows.
The SEQUOÏA Group, headquartered in Metz, France, was founded by Jean-Michel GUYOT in 2006. It employs 179 staff and has a turnover of €36.5 M (fiscal 2017/2018). Konica Minolta and the SEQUOÏA Group have just concluded an agreement to acquire 100% of the shares of the following SEQUOÏA Group subsidiaries: Sequoïa Logistique, Est Multicopie, Dyctal Bureautique, Global Bureautique, A4A3 Bureautique, REPRO BUREAU and Alliance Bureautique.
The SEQUOÏA Group, one of the leading dealers in the Konica Minolta network (Konica Minolta and Develop brands), grew by taking over several local structures that ensures a strong regional presence.
This operation is part of Konica Minolta’s medium term development plan aimed at consolidating its presence in strategic regions such as the Grand-Est region. In this way, Konica Minolta wishes to deploy its IT service offers as well as the Workplace Hub, its new services platform to support the digital transformation of SMBs.
At the end of this operation, Konica Minolta will hold 100% of the capital of the SEQUOÏA Group's subsidiaries. Jean-Michel GUYOT remains Chairman of the SEQUOÏA Group in charge of development.
Jean-Claude Cornillet, President of Konica Minolta Business Solutions France said: “This operation has the advantage of bringing together a very high performance distributor network that are well established locally with the power of the Konica Minolta Group. Our skill sets will enable us to meet today’s customer needs more globally through an expanded offering.”
For Jean-Michel Guyot, President of the SEQUOÏA Group: “Konica Minolta is a historic partner that we share same strategy and values. This synergy will enable us to secure the company's future. The SEQUOÏA Group's subsidiaries will join an innovative company that creates added value for its customers and contributes their growth by providing them with the IT management technologies and services that optimise their efficiency.”
In addition, this acquisition is consistent with the Group's SHINKA 2019 corporate strategy as it seeks to become a leading IT services provider and IoT supplier. The strategic direction taken by the Konica Minolta Group reflects its determination to improve work environment and customers’ performance with collaborators and innovative services.
www.konicaminolta.eu
