Print and market services management company Charterhouse PM Ltd is being bought by Konica Minolta Business Solutions Europe. This is part of Konica Minolta’s strategy to invest in services, diversifying from being a purely product led organisation.

Calling this ‘Beyond Printing,’ the company said its intention is to combine print management services (PMS) with marketing management services (MMS), as well as optimised print services (OPS) with business process consulting (BPC).

These will be connected and supported by the company’s customer relationship management and ‘different opportunities’ in document workflow solutions. It said its aim is to ‘expand the service portfolio for customers’ printing demands and lead the digital shift in the commercial printing industry.’

Charterhouse offers outsourced marketing production and management services to global brands across 35 European markets from 21 locations, including its European HQ in Paris and a London-based digital production unit. Subject to merger control clearance the acquisition should become effective before the end of this year.

Ranked 38 in the Sunday Times 2012 International Track 200, Charterhouse has achieved significant growth in recent years driven by geographic expansion, major European contract wins and what it calls ‘growing demand for multichannel marketing services.’

Gary Mahoney, CEO of Charterhouse said: ‘Our clients are looking for global capability and with the support of Konica Minolta, Charterhouse will become truly a global business. With its strength in Asia and America, Konica Minolta gives us a global footprint and provides the financial resources to continue expanding our business and supporting leading brands with cutting edge communications.’

Ken Osuga, president of Konica Minolta Business Solutions Europe, said: ‘This strategic investment will significantly extend the range of print and outsourced marketing management capabilities we can offer our clients. Charterhouse has an impressive track record in this area, working with many of the world’s biggest brands. We look forward to supporting the leadership team as they pursue global growth.’

The existing Charterhouse management team will lead the business, which will continue operating as Charterhouse through its current headquarters and network of offices.

Contact: www.konicaminolta.co.uk and www.charterhouse.co.uk