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Konica Minolta Signs Global Leasing Framework Agreement with DLL for Global Major Account Business

Monday, October 20, 2014

Press release from the issuing company

SINGAPORE - Media OutReach - Konica Minolta, Inc. (Konica Minolta) is pleased to announce that it has signed a "Global Leasing Framework Agreement" with De Lage Landen (DLL). This is a significant milestone for both companies and marks the formalization of an already mutually beneficial working relationship.

Konica Minolta is a global manufacturer and service provider in the imaging industry and has been engaged in providing OPS (Optimized Printing Services) and committed to premier customer partnership through its group companies in 45 countries and sales and service outlets in more than 150 across the world.

"We are rapidly expanding the contracts and execution of our OPS business with global major account (GMA) customers to meet their growing needs," said Jun Haraguchi, Senior Executive Officer, Konica Minolta Inc. "One of the fundamental requirements by GMA customers is competitive financing solutions for printing equipment and related services with a consistent rental/leasing program available all over the world--and that's what we believe we have accomplished with DLL."

DLL, a global provider of asset based financial solutions, is a fully-owned subsidiary of the Rabobank Group.

"There are considerable benefits to delivering innovative financial solutions to Konica Minolta's GMA customers," said Steve Riggs, President Office Technology Global Business Unit, DLL. "We look forward to working together with Konica Minolta to offer a customer-focused approach that will achieve immediate benefits and reduce the burden on the balance sheet."

Until now, Konica Minolta and DLL have been working together across the globe to serve a variety of customers, providing reliable and competitive financing solutions under existing local and regional agreements.

Based on the successful business experience of more than twenty years, Konica Minolta and DLL now decided to expand existing partnership to global level by mutual commitment to ensure resources and develop competitive program for GMA customers with extended global coverage of 26 countries at start including Americas, Europe and Asia Pacific regions.

Konica Minolta aims to continuously grow GMA business under the "Global Leasing Framework Agreement" in addition to any other new service infrastructures in the coming 6 months.


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