Feb 2025 Financial News

Eric Solis Marketing Limited - Notice of Acquisition of a Company

Feb 03, 2025

January 31, 2025 The Board of Directors of Eric Solis Marketing Ltd (“SOLIS”) wishes to advise that SOLIS has acquired Business Equipment & Interiors International Ltd (“BEI”) - https://www.bei.tt/mybei/. This acquisition increases our market share and strengthens us in our core copier and printer business as well as positions SOLIS as a diversified player in the office furniture and office interiors markets. BEI is the authorised dealer in several Southern Caribbean countries, for:

• Kyocera printers and copiers (https://global.kyocera.com/). Kyocera Corp. is listed on the Tokyo Stock Exchange.
• Dams Office Furniture (https://www.dams.com/). Dams is based in the United Kingdom and has been a leader in its sector for over 50 years.
• Tarkett commercial flooring (https://commercial.tarkett.com/). Tarkett is listed on the Paris Stock Exchange.

SOLIS is the authorised dealer for Samsung, Konica Minolta, hp, Lexmark, Brother, Riso and Fellowes. SOLIS is a subsidiary of The Office Authority Ltd.

We thank the former owners of BEI who built the company for over 30 years and we welcome their staff to our group to continue its growth, anchored on the company’s strong foundation.

Source:
The Trinidad and Tobago Stock Exchange Limited
Monday 3rd February 2025