Konica Minolta and FUJIFILM Business Innovation Explore a Potential Strategic Alliance in Multifunction Printer and Printer Areas to Optimize Procurement, Toner Development and Production Efficiencies
MISSISSAUGA, Ontario, May 02, 2024 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions (Canada) Ltd. ( Konica Minolta ) today announced parent company Konica Minolta, Inc. has signed a memorandum of understanding to begin a feasibility study for a strategic alliance in the multifunction printer (MFP), office printer and production printer segments.
- MISSISSAUGA, Ontario, May 02, 2024 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions (Canada) Ltd. ( Konica Minolta ) today announced parent company Konica Minolta, Inc. has signed a memorandum of understanding to begin a feasibility study for a strategic alliance in the multifunction printer (MFP), office printer and production printer segments.
- Konica Minolta and FUJIFILM Business Innovation are actively considering a business alliance to strengthen their business foundation, including the development of a robust supply system for their products.
- Tentative timetable for establishment of a joint venture: Second quarter of FY2024
Shareholding Ratio: Majority ownership by FUJIFILM Business Innovation Corp. - Discussion and agreement on other strategic collaborations related to the subject business will be addressed separately.