Des Plaines Office Equipment snaps up Kee
Published on June 8, 2010
By Julie Wernau | Des Plaines Office Equipment has acquired Kee Business Systems in the 55-year-old company's fourth acquisition in four years. Both companies are headquartered in Elk Grove.
Terms of the deal were not disclosed but Chip Miceli, president of DPOE, said Kee's annual sales are around $1 million. Kee's office at 1400 Landmeirer Rd. will close and seven employees, including t President Jeff Kee, will move to DPOE's corporate headquarters at 1020 Bonaventure Ave.
Miceli said the he took an interest Kee Business Systems -- which sells and services copiers, printers and fax machines and was established in 1957 -- because it had a strong presence in the Chicago area and dealt in Konica Minolta products, a new offering for DPOE.
DPOE's other acquisitions:
-- Chicago-based ABM Office Equipment, a $3 million, 35-year old independent company specializing in office/document equipment including CopyStar, Xerox and Kyocera, in 2009.
-- Tinley Park-based Synergistics Office Solutions, a $1 million company specializing in Sharp office equipment, in 2008.
-- Elmhurst-based Chicago DVT (Document Vision Technologies), a $5 million office products company specializing in Kyocera, in 2007.
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