News South Africa

Itec acquires UK's Times Business Systems

Time Business Systems, an office automation supplier and service provider based in Christchurch in the UK, has been acquired by South Africa's Itec Group in a deal that boosts Itec's presence on the south coast of England.

Time Business Systems is a leading supplier and service provider of photocopiers, printers, scanners, fax machines and multi-functional products to over 1 600 customers in Bournemouth, Dorchester, Southampton, Portsmouth, Salisbury and the surrounding area. The company was founded in 1997 by UK businessman, Selwyn Burke.

Access to broader range of products

Says Burke, managing director of Time Business Systems: "This is a great step forward for us. As part of the global Itec family, we have access to an even broader range of hardware products, better buying power and access to Itec's state-of-the-art print management and document workflow solutions. In an increasingly competitive market, we will gain significant benefit from being able to expand the services we offer our existing customers, grow our business in the region, and access Itec's global pricing framework, all of this while remaining a specialist local dealer."

"I am delighted that Time Business Systems has joined the Itec family. The experience and expertise of its management team will be an enormous asset to Itec as we seek to expand in the UK," says Itec Group managing director Philip Perkins. "We see many commercial and strategic benefits flowing from this deal as we work with Time Business Systems to help it grow its business."

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