1. Aug. 2017
Muratec America, Inc. Transfer of Ownership
Effective August 1, 2017 ownership of Muratec America, Inc. (MAI)*, a leading supplier of multifunction (MFP) solutions in North America, was transferred to KONICA MINOLTA BUSINESS SOLUTIONS U.S.A., Inc.
Over the years Murata Machinery Group has collaborated with KONICA MINOLTA Group to provide Customers MFP and business solutions compatible with each other’s product lines. Furthermore, in 2013 a capital and business alliance agreement was created between mutual sales subsidiaries of MFP in Japan to strengthen strategic cooperation in products, sales, maintenance and logistics; thus, creating a strong partnership.
Accordingly, to continually provide competitive MFP products and efficient services to Customers, we have decided to focus our MFP business on the Japanese market, hence agreed to transfer ownership of MAI to Konica Minolta Business Solutions U.S.A., Inc.
Now as a consolidated subsidiary of Konica Minolta Business Solutions U.S.A., MAI will maintain its sales and maintenance business, and will continue to increase efforts to improve Customer satisfaction and service quality in the North American market.
About Murata Machinery (Muratec)