Thu, 08 Dec 2016 | BUSINESS SALE
The UK arm of Japanese multinational Kyocera has acquired a £65-million-turnover managed print and ICT services firm.
Kyocera Document Solutions UK has snapped up Annodata as it seeks to add to its product offering.
As a result of the deal Annodata, which was established in 1998, will remain a separate business entity to Kyocera with its own management team, led by co-founders Andrew and Tim Harman.
Kings Langley-based Annodata posted £65.2 million in turnover for the year to 30 June 2015, up from £53.3 million during the previous 12 months.
Hironao Katsukura, managing director of Kyocera Document Solutions UK, said the acquisition would give it a “great platform” from which to grow.
“Annodata is a well-established, influential national player with similar business ideals to our own, as well as having important vendors, technologies and a very strong value-adding culture in common,” he said.
“This marks a significant opportunity for our partners, customers and people as we become part of the global Kyocera family and continue the journey we started back in 1988,” said Andrew Harman, co-founder of Annodata.
“With the significant resources and support of Kyocera Document Solutions UK we can remain committed to our principles, innovate new solutions and services tailored to rapidly changing market needs, and ensure we are well placed to meet customer demands.”
Find service businesses for sale.
An established MOT and service centre positioned in the vibrant community of Portslade, Brighton, presents a unique opportunity for investment in East Sussex's automotive service industry.
A licensed restaurant in Brighton, East Sussex, featuring alfresco seating for 60 covers, is available for purchase.
LEASEHOLD
Opportunity to acquire a maintenance grooming equipment business in Brighton at a reduced price for a quick sale.
30
|
Jun
|
Specialist electronics manufacturer to be acquired in £20m deal | BUSINESS SALE
Landguard Nexus Limited, a specialist electrical and electro...
30
|
Jun
|
Modella successfully price-chips WH Smith deal by at least 23 per cent | BUSINESS SALE
Back in March 2025, private investment form Modella Capital ...
30
|
Jun
|
IFA consolidator secures £14.5m facility for buy-and-build strategy | BUSINESS NEWS
Futura Financial Services Group, a consolidator of UK indepe...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.