Cartridge World’s New CEO Talks About Mergers and Acquisitions

The print consumables industry has been abuzz—yet again—with talk about mergers and acquisitions (M&As).The acquisition of the US-based Static Control by China-based Apex in May was followed with another China-based company, SGT, becoming the major shareholder of the global Cartridge World store network. It caught many by surprise.

Academic studies reveal more than 60 percent of all acquisitions fail, and most executives involved in M&As emphasize that integration problems and cultural clashes can be fierce, disruptive, and persistent.

Background: 

Big Acquisitions Can Fall Apart Over Tiny Details

In August 2015, the Board of Cartridge World Global Holdings announced that following the recent acquisition of the Cartridge World global group, Mr. Steve Weedon (left) had been appointed Global Chief Executive Officer of Cartridge World and also CEO of Cartridge World North America.

As a 40 year veteran of the imaging industry—with senior roles at Nashua, Katun Corp, Kalle Infotec, Gestetner, Static Control and now Cartridge World—Weedon will share his opinions and vision at the RT Imaging Summit—Asia 2015: Post M&As: How do company staff make the transition—across different countries, cultures & business models?

Background news:

New Global CEO Named for Cartridge World

Do You Know Enough About M&As?

In the last hundred years, most enterprises developed the slow, traditional way. However, the level of investment in many companies has provided the cash for mergers and acquisitions to take place, bringing dramatic changes to the business model. How will it affect your business?

At the RT Imaging Summit—Asia 2015, Mr Ian Elliott will speak on Mergers & Acquisitions: What are the CEOs saying? Why do they take place?  Everything you need to know to keep up!

With over 30 years of executive level experience within the printing, imaging and aftermarket industries, Elliott’s portfolio covers start-up’s, sales, distribution, reverse logistics & asset recovery, business development, executive consulting and management services. With a 15-year executive tenure at Nukote International, followed by 5 years as CEO at CertiCell and more recently 4 years as President & CEO at Print-Rite N.A., Elliott is well versed in aftermarket distribution strategies, supply chains and the effective use of information technology in business.

The RT Imaging Summit—Asia 2015 will be held on October 15-16, 2015（The first and second day of the Expo) in Zhuhai, China. Register in advance to get the early bird discount.

More information, please visit RT Imaging Summit—Asia 2015

About  RT  Media

Recycling Times Media educates, informs and provides networking and business opportunities for the computer printing industry-particularly the after market sector-by publishing efficient, reliable, factual, trusted news and editorial, and running world class trade, business and information events.

RT Media is the organizer of RemaxWorld Expo, the world’s largest print consumables trade show event held each year in Zhuhai, China -the world capital of print consumables manufacturing.  RT Media also organizes the RT Imaging Summit & Expo America, RT Imaging Summit & Expo Europe and World Toner Conference.  RT Media publishes regular inTouch TV news bulletins and monthly editions of the Recycling Times magazine for the global industry-separately in Chinese, English, Spanish, Korean and Russian editions.

For more details, please contact:

Sam Ho

Recycling Times Media Corporation

Tel: +86 395 9264

Email: Sam.Ho@iRecyclingTimes.com

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