Konica Minolta to Retire Muratec Brand

Konica Minolta Business Solutions, U.S.A, Inc. (Konica Minolta) today announced it will transition the Muratec America (Muratec) brand this year. Muratec, a leading supplier of multifunction (MFP) solutions and a provider of managed document and cloud services in North America, was acquired by Konica Minolta in 2017. At that time, the company contracted for use of the Muratec brand for five years, and will therefore retire the brand this coming year.

The move will also serve to take advantage of operational efficiencies from streamlining Konica Minolta’s product lines. While the Muratec brand will be officially discontinued, all remaining Muratec branded inventories will be sold until depleted.

Sam Errigo muratec konica minolta
Sam Errigo

“When we acquired Muratec, the intention was always to make them part of the company and after five years retire the brand, rather than maintaining two separate product lines,” said Sam Errigo, COO, Konica Minolta. “That time has come, and as we review our business and the projected efficiencies to be realized, we believe this move will have a significant and positive impact on our bottom line.”

Konica Minolta is committed to continuing to deliver the high-quality sales and maintenance business Muratec has provided since its acquisition and will fully support its dealers and their customers during the transition. In the coming days, Konica Minolta will be contacting all Muratec dealers regarding next steps based on location, market needs and dealer representation.

The post Konica Minolta to Retire Muratec Brand appeared first on Sign Builder Illustrated, The How-To Sign Industry Magazine.

Published first here: https://www.signshop.com/news/konica-minolta-to-retire-muratec-brand/

Published by

Anaheim Signs

Orange County Sign Company providing, Lighted Building Letters, 3D Building sign letters, Custom Business Signs. A California Electric Sign Contractor #490521 Since 1982. Contact Us Today! Anaheim Signs 18571 E. Tango Ave. Anaheim California 92807 (714) 270-0322 https://anaheimsigns.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s