Danka Business Systems

Article Abstract:

Danka Business Systems distributes photocopiers, and has performed well in terms of its stock price and earnings per share. The company has exclusive distribution rights for Kodak copiers, and can distribute other companies' products if there is a gap in the product range from Kodak. Danka also services copiers, an activity that accounts for 80% of its operating profit. The company has potential both to increase sales and enhance margins following the acquisition of KOI, which brings potential for cost savings.

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Last chance for Danka

Article Abstract:

Danka's stock price has been affected by the slow pace at which Kodak Office Imaging (KOI) is being integrated. This has led to a drop in Danka's stock price, and future stock price performance will be affected by progress with KOI. The acquisition is sound in terms of long-term strategy. The company has secured a maintenance and distribution agreement with Hewlett Packard, and costs savings will be achieved if sales can recover. The company's directors have increased their stakes in Danka.

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Danka snaps up Kodak

Article Abstract:

Danka Business Systems has acquired the photocopier distribution business of Eastman Kodak in a $684 million deal. Danka will thus become the biggest copier distributor world wide with independence from manufacturers of copiers. Xerox ranks first in the world copier market but Danka offers an alternative for companies seeking one supplier for their global needs. The price for the acquisition is seen as low by some analysts but others are concerned that Danka could be overstretched.

Photographic equipment and supplies, Photocopy Equipment, Photographic and Photocopying Equipment Manufacturing, Mergers, acquisitions and divestments, Eastman Kodak Co., EK

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