The deal, which is being positioned as a "strategic merger", will enable Xeretec to offer a comprehensive range of Xerox equipment from light and heavy production equipment to office printers.
Merging with Aberdeen-based NER and Inverness-based Solution X, broadens the company's service offering in both product range and geographical spread.
According to Xeretec, the merger positions the group as the manufacturer's largest managed print service provider in the UK, and a top five Xerox reseller in Europe.
Xeretec group managing director Steve Hawkins said: "This is great news for Xeretec, NER, Solution X and our respective customers and staff, who will benefit from a stronger team and increased resources to help support the growth and development of our customers’ businesses.
He added: "The merger will build on and maximise new and existing relationships, local market knowledge and experience in the public and private sector markets.
"At the same time, the merger enables the group to remain a strong independent company focused on its customers, the service it delivers, and the value it offers."
Through the merger, John Sheran will retain his position as managing director of NER and Solution X.
He said: "Customers are assured that the merger will be seamless with no changes to their service arrangements. All current staff will be retained, and this merger should lead to an increase in staff numbers."
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""longer run litho work had “now returned to the Far East”?
Is this happening a lot?"
"Thanks Jo, look forward to reading it in due course. Administrators generally argue that they need to act with lightning speed in order to protect the business/jobs, thereby overlooking the fact that..."
"Hello Keith,
The details will be in the administrators' report but that's not available yet. I will write a follow-up piece when that's filed.
Best regards,
Jo"
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