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Fujifilm Acquires Graphic Arts Businesses



Published September 6, 2005
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Fuji Photo Film U.S.A., Inc. announced the execution of a definitive merger agreement providing for Fujifilm’s acquisition of PrimeSource Corporation and is now announcing the signing of definitive agreements to purchase both Heartland Imaging and Graphic Systems, Inc. These three companies will be united into one new national distribution company, to serve the U.S. graphic arts market. The company is calling this move a strategic commitment to strengthen the distribution channel for the graphic communications industry.
    
This new value-added distribution company will provide “best in class” products from a wide range of manufacturers, some of which compete with Fujifilm and others that complement Fujifilm products. According to Fujifilm, this new company will meet virtually every need of the graphic communications market. It will serve the same customer base that was served previously by the three companies —commercial printers, trade shops, packaging printers, newspapers and other major segments of the printing and publishing industry.
    
“We have always been committed to the U.S. graphic arts market, and this action underscores that commitment,” said Daniel C. Maffeo, vice president and general manager, graphic systems division, Fuji Photo Film U.S.A., Inc.
    
“It is a significant investment in providing additional value to our customers,” said Yasuo “George” Tanaka, president and CEO. “Through this new company we will be able to ensure our customers receive excellent products from a wide range of manufacturers for all their needs as well as outstanding service to support those products.”


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