“Building on our success in the small and midsize business (SMB) market in the U.S., we’re now expanding our strategy to Europe,” said Hervé Tessler, president of EMEA Operations, Xerox. “With the acquisition of Arena Group, we will be uniquely positioned to offer workplace solutions in one of the fastest-growing managed print services segments in Western Europe.”
The acquisition has received government approval. Terms of the transaction were not disclosed.
“There is no better time to join Xerox, a company undergoing a digital-first transformation and investing in the future,” said Adrian Fitzpatrick, managing director, Arena Group. “With our complementary client bases and Xerox’s comprehensive portfolio of offerings, we will be able to address the growing needs of the SMB market together.”
Xerox Holdings Corporation (NYSE: XRX) makes every day work better. We are a workplace technology company building and integrating software and hardware for enterprises large and small. As customers seek to manage information across digital and physical platforms, Xerox delivers a seamless, secure and sustainable experience. Whether inventing the copier, the ethernet, the laser printer or more, Xerox has long defined the modern work experience. Learn how that innovation continues at xerox.com.
Sonia Panchal, Xerox, +44 (0)7713 191581, firstname.lastname@example.org
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