Konica Minolta Acquires UK Based Company ProcessFlows to Enhance Hybrid Sales Structure and Customer Services
Tokyo (June 2, 2016) - Konica Minolta, Inc. (Konica Minolta), today announced that Konica Minolta Business Solutions (UK) Ltd. (KMBGB), its sales company of business technologies, signed an acquisition agreement with ProcessFlows Holdings Ltd. (ProcessFlows), an IT service company in the United Kingdom. Following the acquisition, ProcessFlows will operate as a wholly owned subsidiary of KMBGB.
Purpose of acquisition
Konica Minolta aims to:
- provide more valuable services to the customers through a hybrid sales structure with combining documents solutions knowledge by KMBGB and IT services knowledge by ProcessFlows; and
- strengthen sales platform to realize a hybrid sales structure by utilizing ProcessFlows’ knowledge and expertise of Managed Content Services (MCS)*.
*MCS optimizes information-relevant corporate processes such as managing documents efficiently.
Overview of ProcessFlows
ProcessFlows is a leading IT service company which is strong with managed contents services. Their strengths are high consulting skills for pre sales, flexible software development capabilities to ensure realizing customers’ needs, and their own service portfolio with their 29 years customer experience.
|Company name/Established||ProcessFlows Holdings Ltd./2014 (Holding company)
ProcessFlows (UK) Ltd./1987 (Operating company)
|Headquarters||Winchester, United Kingdom|
|Number of employees||168 (consolidated)|
|Sales||13.5M GBP (consolidated) FY ended June 2015|
May 31, 2016 (BST)
Konica Minolta has decided to acquire ProcessFlows with a view to deepening relationships with its customers and accelerating its efforts to reinforce its business base towards the last year of its medium-term business plan, TRANSFORM 2016.
With its brand proposition Giving Shape to Ideas, Konica Minolta will continue creating new values through offering of customer-centric services that combines IT and document management.