Global Imaging Systems Acquires Wisconsin-based MBM, an Office Products Distributor

TAMPA, Fla.– Global Imaging Systems, A Xerox Company (NYSE: XRX), has acquired the Merizon Group Incorporated, which operates MBM, formerly known as Modern Business Machines, in Appleton, Wis.

 

The acquisition furthers Global Imaging’s strategy of creating a nationwide network of locally-based companies focused on improving document workflow and office efficiency.  Earlier this year, Global Imaging Systems acquired companies in Iowa, New York, Illinois, Virginia and Florida.

 

“This move opens up opportunities to bring new solutions to an expanded customer base,” said Tom Salierno, Jr., executive vice president of Global Imaging Systems. “With MBM, we are growing our distribution, bringing our combined strengths in document technology and services to help workplaces of any size simplify the way they get work done.”

 

MBM, an independent distributor of Canon, Samsung, and Kyocera Mita copiers, printers and multifunction systems will immediately begin offering Xerox’s full range of office printing products.  MBM customers will also have access to Xerox’s technology and managed print services.

“Since 1956, MBM has been the leading document technology and imaging products company in northeastern Wisconsin,” said Fritz Merizon, president, MBM. “This move is all about helping our customers in a way that will benefit them through enhanced access to industry leading technology backed by a national support network.”

 

Merizon will remain as company president.

 

Global Imaging Systems, A Xerox Company, is made up of regional core companies in the United States that sell and service document management systems such as printers, copiers and multifunction devices; network integration services; and electronic presentation systems.  As an office technology dealer, Global Imaging sells products from various suppliers including Xerox, Sharp and Konica Minolta.  Xerox acquired Global Imaging Systems in 2007 and operates it as a wholly owned subsidiary within Xerox’s North American operations. 

 

Xerox Corporation is a $22.5 billion leading global enterprise for business process and document management. Through its broad portfolio of technology and services, Xerox provides the essential back-office support that clears the way for clients to focus on what they do best: their real business.  Headquartered in Norwalk, Conn., Xerox provides leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. Through ACS, A Xerox Company, which Xerox acquired in February 2010, Xerox also offers extensive business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, and customer relationship management services for commercial and government organizations worldwide.  The 134,000 people of Xerox serve clients in more than 160 countries.  For more information, visit http://www.xerox.com, http://news.xerox.com, http://www.realbusiness.com or http://www.acs-inc.com.  For investor information, visit http://www.xerox.com/investor.

 

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