Ricoh Europe completes acquisition of PFH Technology Group
Ricoh Europe, London, 01 June 2023 – Ricoh Europe today announced that it has completed the acquisition of PFH Technology Group (PFH), a leading integrated digital infrastructure and managed services company.
Headquartered in Cork, Ireland, with additional offices in Dublin and Galway, PFH supports over 1,000 customers with their IT and communications technology needs. Since its formation in 1985, PFH has established longstanding relationships with industry leading vendors and secured the highest level of accreditation with partners such as AWS, Citrix, Commvault, Dell, Hewlett-Packard Enterprise (HPE), HP Inc., Lenovo, Microsoft, Pure Storage and VMware.
Alberto Mariani, Senior Vice President, Digital Innovation, Ricoh Europe, says: “This is a significant milestone for both Ricoh Europe and PFH. I am very excited for our customers, who will benefit from trusted support, unrivalled expertise, and the extensive opportunities afforded by digital transformation.”
Paul Callaghan, CEO, PFH, adds: “For over 38 years, PFH has provided effective IT and communications services across Ireland. We have continually evolved from day one, helping customers to enhance their operations and ways of working. This next exciting chapter in our history will see even greater expert support for new and existing customers in pursuit of service excellence.”
Ricoh Europe announced its intent to acquire PFH on 3 April. The company and its shareholders were advised by KPMG, Taylor Wessing, and Matheson LLP. PFH and its shareholders were advised by EY and Arthur Cox LLP.
For more information about Ricoh’s IT Services capabilities, visit www.ricoh-europe.com.
Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support digital transformation of workplaces, workspaces and optimize business performance.
Headquartered in Tokyo, Ricoh’s global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organizational capabilities nurtured over its 85-year history. In the financial year ended March 2023, Ricoh Group had worldwide sales of 2,134 billion yen (approx. 16.0 billion USD).
It is Ricoh’s mission and vision to empower individuals to find Fulfillment through Work by understanding and transforming how people work so we can unleash their potential and creativity to realize a sustainable future.
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