Konica Minolta expands reach in APAC

Langenhagen/Germany, June 23rd, 2014Konica Minolta has agreed to acquire Ergo Asia Pty Ltd, a leading marketing services production company in the Asia-Pacific (APAC) region. The merger is to take effect immediately following approval by competition authorities.The acquisition will significantly expand Konica Minolta’s global reach in Marketing Print Management (MPM) following its 2012 takeover of Charterhouse, which has a strong presence in Europe, the Middle East and Africa (EMEA). It will create one of the largest MPM providers worldwide as these two companies together cover more than 30 countries. "The culture, expertise and client base that Ergo brings to MPM fit perfectly with Charterhouse. This merger is a further step for us on the way to the global lead in marketing production," said Jun Haraguchi, Senior Executive Officer at Konica Minolta. "This acquisition proves Konica Minolta’s commitment to the global development of Marketing Print Management," he added. "We are thrilled to join the Konica Minolta Group. They are well known in the industry for their integrity, commitment to clients and innovation," said Eugene Cora, CEO at Ergo. Konica Minolta leads the production printing market in Europe and has long been active in Marketing Print Management (MPM) services, which improve the printing business process and assist planning and production of highly value-added products (print, displays, digital, etc) for promotion and marketing purposes. Demand for digital printing systems for production print is increasing, and Konica Minolta will benefit from closer links with production printers as a result of acquiring Ergo.Both Charterhouse and Ergo have long been serving many high-profile global brands. They have also collaborated on projects over the last two years based on a shared strategic outside-in approach, focusing on services that will deliver value to clients."Ergo and Charterhouse have very similar cultures marked by a client-first mind-set" said Gary Mahoney, Charterhouse CEO. "This is a great opportunity for both organizations to leverage synergies from this acquisition and address client needs across the global market".Ergo and Charterhouse will make Konica Minolta one of the few global providers with full MPM service offering across the Asia-Pacific and EMEA regions.

Company name	Ergo Asia Pty Limited
Headquarters	Sydney, Australia
Employees	Ergo has more than 170 employees based across 10 Asia-Pacific markets.
Businesses	Provision of marketing management services including Digital Production, Digital Asset Management, Studio Services, Software Provision, Retail Display Production and Print Production

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.ContactSilke Zühlke
Konica Minolta Business Solutions Europe GmbH
Phone: +49 (0)511 7404-5604
silke.zuehlke@konicaminolta.eu