Pitney Bowes Buys Danka Canada

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Pitney Bowes on Friday purchased Danka Canada Inc., a provider of office services, supplies and equipment to Canadian businesses, for $14 million.


Danka Canada will be incorporated into Pitney Bowes' Canadian operations, which offer mail and document management products. The acquisition will broaden Pitney Bowes' geographic coverage in Canada and its range of direct service offerings, Pitney Bowes said.


Danka Canada, Toronto, was a subsidiary of Danka Business Systems PLC, with 300 employees and 20 offices across Canada. The company generated about $36 million in revenue during its past fiscal year.


Scott Hovanyetz covers telemarketing, production and printing and direct response TV marketing for DM News and DMNews.com. To keep up with the latest developments in these areas, subscribe to our daily and weekly e-mail newsletters by visiting www.dmnews.com/newsletters


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