Aug 03, 2018 (LBO) – Fintek Managed Solutions (Pvt) Limited has announced its acquisition of the Integrated Business Solutions (IBS) unit of Brown and Company PLC.
With this acquisition Fintek consolidates its role as the authorized distributor of Sharp office automation products and solutions in Sri Lanka.
In a previous release detailing its role as the distributor for Sharp products, Fintek announced that its product line-up would include Sharp branded colour and monochrome photocopy machines, multimedia projectors, interactive white boards, cash registers and software solutions.
With the signing of this agreement with Brown and Company PLC, Fintek will add more products to its existing range of branded Sharp products and solutions.
These include Giesecke and devrient cash processing machines, Scancoin cash sorting and counting machines, Vivitek multimedia projectors, Pitney Bowes franking machines, and the outsourcing of Doculine copiers and printers.
Fintek will continue to operate from the same premises occupied by the former IBS of Brown & Co PLC at St Benedict’s Mawatha, Colombo 13.
The company is a fully owned subsidiary of Gestetner Ceylon PLC, a leading total document solutions provider in Sri Lanka.