Fujifilm Holdings to buy Australian BPO Salmat for AU$375 million

Infotech Lead Asia: Fujifilm Holdings Corp is set to acquire Salmat, Australia’s largest business service provider, for AU$375 million.

Fujifilm Holdings will acquire Salmat Document Management Solutions, Salmat’s subsidiary, SDMS’s 11 subsidiaries as well as Salmat Asia, SDMS’s Asian business unit.

The company is acquiring the BPO business as the BPO market will grow by an average of 5 to 7 percent per annum worldwide.

Salmat’s consolidated sales and underlying EBITA were AU$316 million and AU$49.5 million respectively for June 2012 term.

The BPO business includes printing/delivering important postal matters including electricity/gas/water/communications invoices and bank account statements to end users, digitalizing and automatic processing of corporate clients’ invoicing work to reduce costs, delivering information by email, as well as compiling a database of scanned paper documents and their management/storage.

Fujifilm said the document solutions business is one of its key growth areas. The company is promoting the business shift from the hardware-centric business offering multifunction devices and printers to the solutions and services business.

The acquisition of SDMS provides Fujifilm with the biggest capability to offer BPO services in Australia.

Fujifilm will be integrating SDMS’s know-how in BPO with Fujifilm Group’s marketing capacity.

The company will expand its solutions and services in China and other Asian markets.

Further, by introducing its print devices including the next-generation inkjet printer Jet Press series in work processes, it aims for business growth and expansion beyond what the current business trend affords.

Working with Salmat to form a partnership, and also together with SDMS’s knowledge and experiences in handling massive customer data and building a consistent workflow from printing to post-print processing, Fujifilm Group will accelerate the expansion of solutions and services business leveraging its document outsourcing business.

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