Ricoh acquires AVC to further support digital workplace transformation across the Nordics

Deal reaffirms Ricoh as one of Europe’s largest AV and workplace integrators

Ricoh Europe, London, 01 June 2022 – Ricoh customers across the Nordics are set to benefit from an even greater range of collaboration technologies and services through the company’s acquisition of AVC.

Founded in 1965, AVC is an AV, Unified Communication and Workplace Management specialist with headquarters in Horsens, Denmark. Boasting a strong presence in the Danish AV integrator market, AVC has 56 employees supporting around 800 customers locally and globally. The entire AVC workforce will be retained as part of the acquisition.

The acquisition will enable Ricoh clients across the Nordic region to benefit from AVC’s experience and expertise in AV, Unified Communications and Workplace Management. They will also have access to a broad portfolio of products, software and service offerings, and be able to  harness continuous innovation through strategic partners such as Cisco, Crestron, Microsoft, NEC, Barco and Samsung.

AVC clients will benefit from Ricoh’s global footprint, financial strength and integrated service delivery infrastructure. They can access a wide range of Ricoh products and solutions, including RICOH Spacesinteractive whiteboards and Smart Lockers. They can also access Ricoh’s extensive digital services portfolio which encompasses Digital WorkspaceDigital ExperienceBusiness Process ManagementCloud & InfrastructureCybersecurity, and Graphic Communications capabilities.

AVC will continue to operate under its existing name, reporting to Ricoh Denmark.

Edward Hamilton, Vice President, Communication Services, Ricoh Europe, says: “The acquisition of AVC supports Ricoh’s drive to lead change at work that unleashes human potential through the power and opportunity of technology. It also demonstrates our ability to empower customers in establishing effective hybrid working environments and supports their sustainability initiatives. Crucially, this acquisition enhances our provision of scalable collaboration technologies and support to enable people to work effectively regardless of location.”

Søren Krogh-Nielsen, Managing Director, Ricoh Denmark and Sweden, adds: “When looking to further expand our AV and workplace integration capabilities, it was instantly clear that AVC shared our strong people focused culture. The specilaist skills and expertise of their people will ensure our customers benefit from even greater dedicated support and enhanced collaboration through leading workplace technology.”

Niels Bull, Managing Director, AVC, comments: “Ricoh has strong ambitions and we are pleased that AVC will be an important part of realising these. AVC brings Ricoh a market-leading team in the design and implementation of advanced AV solutions. In turn, Ricoh ensures that AVC can offer international reach and a broader range of products and services for the digital workplace”.

For more information about Ricoh’s AV and workplace integration capabilities, visit
www.ricoh-europe.com.

| About Ricoh |

Ricoh is empowering digital workplaces using innovative technologies and services that enable individuals to work smarter from anywhere.

With cultivated knowledge and organizational capabilities nurtured over its 85-year history, Ricoh is a leading provider of digital services, information management, and print and imaging solutions designed to support digital transformation and optimize business performance.

Headquartered in Tokyo, Ricoh Group has major operations throughout the world and its products and services now reach customers in approximately 200 countries and regions. In the financial year ended March 2022, Ricoh Group had worldwide sales of 1,758 billion yen (approx. 14.5 billion USD).

For further information, please visit www.ricoh-europe.com

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