Xerox Partners With PBS Group In Peru and Ecuador; Operations To Transition To Productive Business Solutions; Xerox Employees In Both Countries To Shift To PBS After Close

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Xerox Corporation

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. The transaction is expected to close in the second quarter of 2024, once authorization from the Ecuadorian competition authority is obtained.

Following this transfer of ownership, the new companies will operate as independent entities. PBS will continue to serve Xerox clients in Peru and Ecuador and will become the exclusive distribution partner for Xerox in these markets. Xerox has a successful and well-established partner-led business and will continue to uphold its brand presence in the region through its network of partners and distributors.

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