Konica Minolta to Retire Muratec Brand
Ramsey, NJ (January 4, 2022) – 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.
Sam Errigo, COO, Konica Minolta
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.
“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.
About Konica Minolta
Konica Minolta Business Solutions U.S.A., Inc. is reshaping and revolutionizing the workplace to achieve true connectivity through the Intelligent Connected Workplace. The company guides and supports its clients’ digital transformation through its expansive office technology portfolio, including IT Services (All Covered), intelligent information management, managed print services and industrial and commercial print solutions. Konica Minolta has been included on CRN’s MSP 500 list nine times and The World Technology Awards named the company a finalist in the IT Software category. Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for fourteen consecutive years, and is proud to be ranked on the Forbes 2021 America's Best-in-State employers list. The company received Keypoint Intelligence’s BLI 2021 A3 Line of The Year Award and BLI 2021-2023 Most Color Consistent A3 Brand Award for its bizhub i-Series. Konica Minolta, Inc. has been named to the Dow Jones Sustainability World Index for nine consecutive years and has spent four years on the Global 100 Most Sustainable Corporations in the World list. Konica Minolta partners with its clients to give shape to ideas and works to bring value to our society. For more information, please visit us online and follow Konica Minolta on Facebook, YouTube, LinkedIn and Twitter.
Konica Minolta Contact
Konica Minolta Business Solutions U.S.A., Inc.
+1 551 500-2659