Armor Office Printing, and Speed Infotech, have decided to join forces, creating a boost for the circular economy as both companies are committed to the collection, production and marketing of remanufactured cartridges. The alliance is taking place in a favourable context for Armor, which continues to gain market share.
Armor and Speed Infotech are establishing a partnership designed to reinforce their presence in the European inkjet cartridge production and collection market for retail customers. As part of the agreement, Speed Infotech is providing access to its ink cartridge production capacity according to Armor’s patent compliance and quality requirements whilst Armor is contributing its entity that manages the collection of empty cartridges, namely Recoll, based in the Netherlands. The French manufacturer will continue to develop its ink formulation and ink production activities and continue to serve all its customers in Europe, with the benefits of an enhanced supply chain and a more extensive product range thanks to the alliance.
Hubert de Boisredon, CEO of Armor said, “this alliance demonstrates the commitment of two industrial partners in the circular economy, actively striving to preserve the planet's resources by recycling print cartridges."
Having incorporated the circular economy within its DNA, Armor has made the strategic decision to enter into this partnership, which will enhance its strength in the European remanufactured inkjet cartridge market. Over 6 million laser and inkjet cartridges are collected and recycled each year by Armor.
Armor Office Printing is entering into this partnership in a favourable context. Armor continues to gain market share in Europe (+10% in 2017). The company is currently expanding its OWA brand and services designed for business customers in the European market. This is ensured by its collection and production services for remanufactured laser cartridges and on the high-quality inks for business inkjet and large format cartridges produced at its plant in Poland, supported by its R&D centre in Germany.