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Fujifilm Holdings acquires BPO division of Australian business services company Salmat

Monday 27 August 2012 14:17 CET | News

Japanese multinational photography and imaging company Fujifilm has signed a definitive agreement with Australian business service provider Salmat to acquire Salmat’s Business Process Outsourcing (BPO) division.

The acquisition, worth over USD 390 million (about AUD 375 million), covers all the shares of Salmat Document Management Solutions (SDMS), Salmat’s wholly-owned subsidiary, SDMS’s 11 subsidiaries as well as SDMS’s Asian business unit, Salmat Asia Limited (SAL).

SDMS, its subsidiaries and SAL, subject to full acquisition by Fujifilm Holdings, handle the BPO business, which includes printing/delivering postal matters including electricity/gas/water/communications invoices and bank account statements to end users, digitalizing and automatic processing of corporate clients’ invoicing work to reduce costs, delivering information by email, as well as compiling a database of scanned paper documents and their management/storage.


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Keywords: Fujifilm Holdings, Salmat, Business Process Outsourcing, invoicing
Categories: Banking & Fintech
Companies:
Countries: World
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Banking & Fintech