Ricoh France enhances IT services with acquisition of Corelia, supporting customers’ digital transformation

(PRESS RELEASE) LONDON, 4-Jan-2023 — /EuropaWire/ — Ricoh (TYO: 7752), Japanese multinational imaging and electronics company, has announced that Ricoh France has acquired Corelia, a Paris-based IT services company, in order to expand its own IT services and assist its customers in their digital transformation efforts. Corelia has a presence in France, Morocco, and Egypt and specializes in infrastructure services, cybersecurity, and digital experience including data science, analytics, app development, and dashboard and reporting. This acquisition will allow Ricoh France to better serve its approximately 350 customers.

Ricoh customers will benefit from Corelia’s broad experience in the IT Services space. Corelia customers 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, from across Ricoh’s extensive digital services portfolio which encompasses Digital Workspace, Business Process Management, and Graphic Communications capabilities.

The acquisition will see Ricoh take on Corelia’s existing sites with the entire Corelia workforce (around 220 employees) retained. Corelia will continue to operate under its existing name.

Alberto Mariani, Senior Vice President, Digital Innovation, Ricoh Europe, says: “This exciting acquisition is an important part of our strategy to continually grow as a digital services company and support customers with their evolving IT Services needs. We are seeing an increased demand for IT Services across EMEA, which makes Corelia the perfect addition to the Ricoh family. Crucially, thanks to the synergies they share in the application development space, Corelia is well placed to support other Ricoh entities such as Axon Ivy and DocuWare, meaning even greater services for our customers.”

Elie Choukroun, CEO, Ricoh France, adds: “When looking to further expand our IT Services capabilities, it was immediately apparent that Corelia shared our strong customer-first approach and commitment to innovation. The ability and expertise of their people will ensure our customers benefit from even greater IT Services support. This acquisition reinforces our position in France as a major IT Services company. It also reaffirms Ricoh as a driver of business transformation on behalf of our customers.”

Thomas Meunier, CEO, Corelia, comments: “This is a landmark moment for everyone associated with Corelia, especially those who have played a part in our success to date. The size and scope of Ricoh’s capabilities means that our customers can progress at pace on their digital transformation journeys. The commitment, culture and customer-first approach shared between Ricoh and Corelia makes for a very exciting future.”

For more information about Ricoh’s digital services 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).

Ricoh France enhances IT services with acquisition of Corelia, supporting customers’ digital transformation

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