A Japanese printing technology and office equipment giant has snapped up a small Aberdeen firm for an undisclosed sum.
Konica Minolta is now the owner of document management and printer firm, Capture Imaging Solutions.
Established by local businessmen Colin Yule and Robbie Cheyne in 2005, Capture Imaging Solutions said it provides managed print hardware, servicing and document services to over 600 clients across the UK.
The Aberdeen firm said revenues grew 10% during 2015-16, with new revenue sales reaching £1.6million in the past six months.
Managing director, Colin Yule, who remains a director of the firm following the transaction, said the deal marks the “next level” in its longstanding relationship with the Japanese company.
He said: “Capture Imaging is a company with its feet firmly in the local area. By taking our partnership with Konica Minolta to the next level, we’re simply enhancing our existing service in a number of ways.
“The speed with which technology changes is phenomenal, and our aim has always been to keep clients at the cutting edge of such change. However, by joining forces with Konica Minolta, we’re now opening up new horizons in this respect, whilst allowing our clients to benefit from ‘direct from manufacturer’ costs.”
Neil Dingley, managing director of Konica Minolta Business Solutions (UK) and now a director of Capture Imaging, added: “This acquisition allows us to further develop and deliver a complete and unrivalled service to new and existing customers in the Aberdeen area, providing Capture Imaging customers with a premium, locally-driven service that is supported by Konica Minolta’s knowledge and expertise.”
The Japanese conglomerate was formed by the merger of Konica and Minolta in 2003 and has offices in 49 countries. Both firms, which pioneered camera manufacturing, subsequently sold off its photography businesses to Sony in 2006.
