Asterion is a provider of outsourced transactional print and document process services. The company will become a wholly owned subsidiary of Pitney Bowes, continuing to operate under its current management.
Murray Martin, president and chief executive of Pitney Bowes, said: “This acquisition allows us to provide our customers with expanded services that complement our capabilities in the global mailstream.”
Asterion had a turnover of £43m in 2006 and employs 740 people based at its headquarters and nine facilities located throughout France.
Pitney snaps up French BPO firm
Pitney Bowes Management Services International, a division of mailroom equipment manufacturer Pitney Bowes, has purchased French print company Asterion SAS for 16m.
