{"id":263731,"date":"2025-04-14T08:36:18","date_gmt":"2025-04-14T15:36:18","guid":{"rendered":"https:\/\/worldimagingnews.com\/?p=263731"},"modified":"2025-04-14T08:38:03","modified_gmt":"2025-04-14T15:38:03","slug":"xerox-to-acquire-lexmark","status":"publish","type":"post","link":"https:\/\/worldimagingnews.com\/fr\/xerox-to-acquire-lexmark\/","title":{"rendered":"Xerox to Acquire Lexmark"},"content":{"rendered":"

NORWALK | Connecticut – April 2025 –<\/strong> Xerox Holdings Corporation (NASDAQ: XRX) today announced it has agreed to acquire Lexmark International, Inc., from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre in a deal valued at $1.5 billion, inclusive of assumed liabilities. This acquisition will strengthen the Xerox core print portfolio and build a broader global print and managed print services business better suited to meet the evolving needs of clients in the hybrid workplace.<\/span><\/p>\n

\u201c<\/span>Our acquisition of Lexmark\u00a0will\u00a0bring together\u00a0two\u00a0industry-leading\u00a0companies\u00a0with shared values, complementary strengths, and a deep commitment to advancing the print industry\u00a0to create one stronger organization<\/span>,\u201d\u00a0said Steve\u00a0Bandrowczak<\/strong>, chief executive officer at Xerox. \u201c<\/span>By combining our capabilities,<\/span>\u00a0<\/span>we\u00a0will be\u00a0better positioned to drive\u00a0<\/span>long-term profitable growth\u00a0and serve our clients, furthering our Reinvention.\u201d\u00a0\u00a0<\/span><\/p>\n

Lexington, Ky.-based\u00a0Lexmark, a valuable partner and supplier to Xerox, is a leading provider of innovative imaging solutions and technologies\u00a0<\/span>including a\u00a0best-in-class line of printers and multifunction printers. By combining Lexmark\u2019s solutions\u00a0with\u00a0Xerox<\/span>\u00ae<\/span>\u00a0ConnectKey<\/span>\u00ae<\/span>\u00a0technology\u00a0and advanced Print and Digital Services, the acquisition\u00a0will\u00a0create\u00a0a superior\u00a0offering\u00a0portfolio and underscores\u00a0Xerox\u00a0commitment to increasing value for clients and partners.\u00a0<\/span>\u00a0<\/span><\/p>\n

The transaction\u00a0will\u00a0also\u00a0strengthen\u00a0the\u00a0ability\u00a0of Xerox\u00a0to serve\u00a0clients\u00a0in\u00a0the\u00a0large, growing A4 color market and\u00a0diversify\u00a0its\u00a0distribution and\u00a0geographic\u00a0presence,\u00a0including\u00a0the APAC region. The new organization will serve more than 200,000 clients in 170 countries with 125 manufacturing and distribution facilities i<\/span>n\u00a0<\/span>16 countries.\u00a0Combined, Lexmark and Xerox have a top five global share in each of the\u00a0entry,\u00a0mid\u00a0and\u00a0production\u00a0print markets\u00a0and\u00a0are key players\u00a0in the large, stable\u00a0managed\u00a0print\u00a0services\u00a0market.<\/span>\u00a0<\/span><\/p>\n

\u201cLexmark has a proud history of serving our customers with\u00a0world-class technology, solutions and services, and we are excited to join Xerox and expand our reach with shared talent and a stronger portfolio of offerings,\u201d<\/span>\u00a0said Allen\u00a0Waugerman<\/strong>, Lexmark president and\u00a0chief executive officer.\u00a0\u201cLexmark and Xerox are two great companies that together will be even greater.\u201d\u00a0<\/span>\u00a0<\/span><\/p>\n

\u201cOur shared values and vision are expected to streamline operations and drive efficiencies, taking the best of both companies to make it easier to do business with Xerox,\u201d added\u00a0Bandrowczak.\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span><\/p>\n

Transaction Rationale<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span><\/strong><\/b><\/h5>\n