M&A Activity • Aug 21, 2008
M&A Activity
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Venlo, The Netherlands, 21 August 2008 - Océ, an international leader in digital document management, today announced it has acquired Epcot a/s in a transaction fully in line with corporate strategy to further expand distribution power.
Epcot, with annualized sales of approximately € 8.5 million in Sweden and Denmark, focuses on the engineering sector and the graphic arts market. The company supplies professional printing, scanning and copying solutions, enabling customers to benefit from a broad range of products and systems. Epcot employs 35 staff, all of whom are expected to transfer to Océ in Sweden and Denmark.
Océ currently employs 425 people in its Nordic organization in Sweden, Denmark, Norway and Finland. The company is building its position in Northern Europe, particularly in digital document systems, business services and wide format printing systems. The acquisition announced today boosts Océ's position in digital wide format printing, which focuses on graphic design, technical drawing, construction documentation, banners, signage and posters for different media carriers.
Océ N.V. 21 August 2008
Océ is one of the world's leading providers of document management and printing for professionals. The broad Océ offering includes office printing and copying systems, high speed digital production printers and wide format printing systems for both technical documentation and color display graphics. Océ is also a foremost supplier of document management outsourcing. Many of the world's Fortune 500 companies and leading commercial printers are Océ customers. The company was founded in 1877. With headquarters in Venlo, the Netherlands, Océ is active in over 90 countries and employs some 24,000 people worldwide. Total revenues in 2007 amounted to € 3.1 billion. Océ is listed on Euronext in Amsterdam. For more information on Océ, visit www.oce.com.
For further information Océ N.V.: Investor Relations: Press: Carlo Schaeken Jan Hol Telephone + 31 77 359 2240 Telephone + 31 77 359 2000 E-mail [email protected] E-mail [email protected]
Vice President Investor Relations Senior Vice President Corporate Communications
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