Canon aims to delight us always. And to continue with that mission, it has made another significant move: the acquisition of the world-class brand Océ. Stronger together as they say, this collaboration promised to enhance Canon’s focus in the Philippine professional and graphics printing industry.
Océ, a Dutch-owned printing company has been operating in more than 100 countries and employs 22,000 people across the globe. It provides an extensive variety of office printing and copying systems, high-speed digital production printers, and wide-format printing systems for both technical documentation and color display graphics.
Canon invested $1.1 billion in Océ and holds approximately 99% share of the company’s total assets. The acquisition has integrated the business aspect of both Canon and Océ’s sales, service operations, and distribution networks. This paves the way for company to push past technological boundaries and strive not only for industry dominance but more so, for imaging and printing excellence.
The acquisition of Océ has instantaneously enhanced and expanded the professional printing portfolio of Canon, not only in the Philippines but on a global scale with the aim of establishing the “global leadership status in printing.” Due to Océ’s broad product range, Canon’s product portfolio has significantly increased from 19 to 70; And because of this, Canon will now be able to offer consumers more new products with multiple segments.
Canon Océ strives towards becoming the global leader in the professional and graphics printing industry. With two diverse brands now joined together building a mutually stronger business solution, the technological expectations of society and its consumers has now set the bar even higher and brighter at the same time.