A LEADING Scottish reprographics firm has acquired another print services firm to become Xerox’s largest partner in Europe.
Xeretec Group, which operates as North East Reprographics (NER) in Aberdeen, following a merge in 2012, has acquired Bytes Document Solutions (BDS), part of the Bytes Technology Group (BTG), headquartered in Leatherhead Surrey.
The acquisition unites two highly successful Xerox suppliers and positions Xeretec group as Xerox’s largest partner in Europe in terms of scale, managed print services and large production equipment sales.
The acquisition will have no impact for employees across the group’s 15 offices in Scotland, the UK and Ireland. NER, which will eventually come under the Xeretec brand, currently has 76 employees in Aberdeen, Glasgow, Edinburgh, Inverness, Dundee and Elgin.
Xeretec’s £57m annual turnover will be driven by a combined team of 220 employees, and continues to be headed by the management team behind Xeretec’s growth and success to date, it will now be bolstered by the expertise of the individuals who helped make BDS an attractive acquisition prospect.
Managing director of Xeretec Scotland and NER, John Sheran, said: “Merging NER with Xeretec has really helped to accelerate our growth in the last couple of years.
“Based on our experience, I am confident that the acquisition of Bytes Document Solutions will proved to be nothing but good news for the future.
“Additionally, it will further increase our presence in Scotland so we are better able to serve customers both here, and nationwide.”
Xeretec’s Group managing director, Steve Hawkins, said: “Acquiring Bytes Document Solutions is a significant move, helping to accelerate the pace at which Xeretec will achieve its goal of becoming a £100m turnover organisation by September 2019.
“It has significant advantages for our customers and staff, all of whom are set to enjoy the many benefits that will come from this best of breed approach.
“The values of Bytes Document Solutions’ are an ideal complement to Xeretec’s, making this is a win-win development for all, while starting a new chapter in the Xeretec success story.”
The Xeretec Group, a leading integrator of digital print hardware, software, solutions and services in the UK and Ireland, acquired North East Reprographics and its other Scottish offices in Edinburgh, Inverness, Dundee and Elgin, in 2012.
The Xeretec Group will now focus on its objective of becoming a privately owned, £100m turnover organisation by September 2019, through specialising and leading the market in the provision of print devices and managed print services, while retaining, adding and growing its customer base.
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