Corporate Express and Konica Minolta Business Solutions Germany have reached an agreement on the take over of Veenman Germany by Konica Minolta.
The activities of Veenman Germany comprise of selling and servicing non-impact printing equipment of hard copy and electronic documents. The company employs about 250 staff and realised EUR 36 million of sales in 2006.
For Konica Minolta the acquisition is a logical step in further expanding its market presence in Europe. Furthermore, Konica Minolta is one of the key suppliers of Veenman Germany through the LINIUM brand.
The transaction is subject to approval by the German anti-trust authority.