Ricoh Printing Systems America, Inc. (RPSA) has announced that its Board of Directors has resolved on April 30, 2020 to merge its wholly-owned subsidiary Anajet, Inc., in an absorption-type of merger, effective June 1, 2020. Anajet Inc. will dissolve at that date as it officially become the direct-to-garment printing division of RPSA, with customer support, products and services remaining the same.
As Ricoh Company, Ltd. (RCL) has been conducting a reorganization of the North America DTG business, it has decided on the merger to pursue greater efficiency in management of subsidiaries. The merger will allow for more efficient synergies among Ricoh’s divisions, reduced overhead and more streamlined work processes through consolidation of the division’s management team.
RPSA says the impact of the merger on its consolidated financial results will be minor. All products, services, warranties, company contact information and business hours will remain the same, with Anajet’s full technical support and customer care teams still working to provide customers with its regular services.
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