Press release Konica Minolta and Radebeul-based specialised distributor Kriesten GmbH sign purchase agreement Langenhagen/Germany, 30 May 2013 Konica Minolta Business Solutions Deutschland GmbH signed a purchase agreement with Kriesten GmbH of Radebeul (Dresden), Germany on 29 May 2013. As a provider of document logistics and IT business solutions, Kriesten GmbH has been a partner of Konica Minolta for many years. Along with its headquarters in Radebeul (Dresden), the company has branch offices in Leipzig, Chemnitz, Cottbus and Bautzen. This acquisition of Kriesten GmbH fits perfectly with Konica Minolta’s strategy of driving forward and expanding direct sales of the Optimized Print Services (OPS) offering also in Saxony and Brandenburg. Since its establishment as bürotec in Radebeul in 1990, Kriesten GmbH (renamed in 1993) has developed into a leading systems house for document logistics and IT business solutions in eastern Germany. Now with five locations in all, Kriesten’s 72 employees generate a turnover of about 9 million euros. In the regions of Saxony and Brandenburg, the company currently has some 3,800 systems under contract and already takes care of a large number of systems from Konica Minolta direct sales. Jürgen Kriesten, current owner of Kriesten GmbH, will also work for the company in an advisory capacity in the future. In addition, he will continue to manage Kriesten Büroeinrichtungen GmbH, a furnishings business already spun off from Kriesten GmbH in September of last year. Kriesten Büroeinrichtungen GmbH has more than 20 employees and represents one of eastern Germany’s leading furnishings businesses for office furniture, conference solutions and media control systems.
All further information will be provided after the German Federal Cartel Office approves the transaction. That approval is expected in June 2013.
About Konica Minolta Business Solutions Europe Konica Minolta Business Solutions Europe GmbH, based in Langenhagen, Germany, is a wholly-owned subsidiary of Konica Minolta Inc., Tokyo, Japan, forming part of its Business Technologies business area. The company delivers services and distributes systems and solutions that fulfil all the requirements of the entire document life cycle for clients in the office and production printing area. Konica MinoltaÂ´s Optimized Print Services (OPS) concept combines consultancy, hardware, software implementation, and service operation in order to enhance business process efficiency and cost effectiveness. Its product range extends from colour and monochrome multifunctional and production printing systems, to laser printers and all-in-ones, and to management software that integrates devices seamlessly into work processes and IT environments. To support customers optimally with powerful and sustainable solutions, technology leader Konica Minolta continuously invests in research and development work and regularly sets new standards. Konica Minolta Business Solutions Europe is represented by subsidiaries and distributors in more than 50 countries in Europe, the Middle East and Africa (EMEA). With over 30,600 employees around the world (as of June 2012), Konica Minoltaâ€™s Business Technologies business area earned net sales of over EUR 5.4 billion in financial year 2012/13. For further information about the company, visit www.konicaminolta.eu. Product images are available at www.konicaminolta-images.eu. Terms and product names may be trademarks or registered trademarks of their respective holders and are hereby acknowledged.
Contact Konica Minolta Silke ZĂźhlke Konica Minolta Business Solutions Europe GmbH Phone: +49 (0)511 7404-5604 email@example.com