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Itec buys majority stake in Canon West Rand

Itec buys majority stake in Canon West Rand

South African document managing and printing company Itec has bought a majority stake in Canon West Rand, in a bid to grow its market reach.

Itec Maximize will now merge with Itec Connect, trading with the former’s name, with the dealer having around 2,000 clients on the West Rand of Gauteng.

Gavin Meyer, managing director at Itec Connect, said: “This transaction will certainly increase Itec’s market share in the West Rand region.

“We are confident that the deal will add enormous value for existing Itec customers, customers of the former Canon West Rand, and for the Itec Group as a whole.”

Garth Upton, owner of Itec Maximize, and his team will now work closely with Meyer.

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