Xerox has has completed its acquisition of Lexmark from Ninestar Corporation, PAG Asia Capital and Shanghai Shouda Investment Centre for $1.5 billion inclusive of net debt and assumed liabilities. This acquisition marks a significant milestone in Xerox’s strategic transformation and reinforces its commitment to delivering innovative workplace solutions in anRead More…
As part of Xerox Holdings Corporation’s acquisition of Lexmark International, the company announced that two distinguished Lexmark executives will join its Executive Committee at the close of the acquisition. Further strengthening the Xerox leadership team, Kim Kleps will serve as Xerox Chief People Officer, effective immediately. These leaders bring deepRead More…
Xerox Holdings Corporation has announced it has agreed to acquire Lexmark International, Inc., from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre in a deal valued at $1.5 billion, inclusive of assumed liabilities. This acquisition will strengthen the Xerox core print portfolio and build a broader global printRead More…
Lexmark announced that its Lexmark Cartridge Collection Program (LCCP) has picked up the speed in South Africa, and over 60 000 cartridges have been collected and recycled over the past year.Read More…
Lexmark International launched its new range of powerful and affordable Laser Printers designed to fit the needs of SMBs in Africa coined as 4-Year Guarantee SMB LineRead More…
Leading investors consortium led by Apex Technology Co., Ltd. (Apex) and PAG Asia Capital (PAG), acquired Lexmark in an all-cash transaction with an enterprise value of approximately $3.6 billion.Read More…
Lexmark expanding its presence in the region by opening of its office in Riyadh to support the growing demand in the kingdom.Read More…
Lexmark entered region’s biggest economy Saudi Arabia by opening up an office in Riyadh to further expand its presence in the kingdom.Read More…
To keep up with the surge in demand for its printers, Lexmark decided to expand its channel base with the appointment of new distributor under its fold. The company took Metra on board it’s partner network as the value added distributor for the region.Read More…
Mathias Militzer, General Manager, Lexmark International Middle East speaks about the benefits available from printing in colourRead More…
The first meeting of the Advisory Board for the 2014 Retail-to-Business (R2B) channel summit took place in Paris last month.Read More…
Lexmark recently signed an agreement to provide composite printing and imaging solutions for across its region-wide network of MAF Retail and the deal covers the nearly 70 Carrefour Hypermarkets and Supermarkets across 8 Middle Eastern countries including UAE, Saudi Arabia, Oman, Kuwait, Bahrain, Qatar, Egypt, Jordan and the company’s corporate headquarters. The deal with provide provision of all necessary printing and imaging solutions needed by the group’s operations, including printers, cartridges, imaging, recycling and maintenance services in all outlets and Lexmark will remove all current products at their end-of-life and replace them with Lexmark devices to meet future requirements of MAF Retail group.Read More…
