Ricoh Acquires Canadian Technology Leader ET Group for Workplace Solutions
Ricoh has announced its acquisition of ET Group, a prominent Canadian provider of workplace technology solutions. This strategic move, effective February 2, 2026, aims to enhance Ricoh’s digital services in Canada, solidifying its role as a leader in end-to-end workplace solutions.
Significance of the Acquisition
The acquisition of ET Group strengthens Ricoh Canada’s digital services portfolio. By integrating ET Group’s expertise in audiovisual (AV) engineering, Ricoh can offer advanced, technology-driven workplace solutions tailored for various sectors, notably government and highly regulated industries.
Key Benefits of the Acquisition
This acquisition is aligned with Ricoh’s objective of expanding its digital workplace capabilities. The combined offerings will include:
- Enterprise-grade AV design and support
- Hybrid meeting and collaboration solutions
- Managed digital workplace services
- Workplace experience and on-site staffing
Future Directions
ET Group, now a wholly owned subsidiary of Ricoh Canada, will maintain its culture while expanding its impact in the market. Ahmed Ameen, the COO of ET Group, emphasized that the alliance allows them to grow while upholding their core values.
Enhanced Service Network
The integration ensures that customers will access a wider array of services, which now includes:
- Audiovisual and collaboration technology
- Office and workplace experience services
- Mailroom automation
- Managed print, scan, and fleet services
- On-site staffing and managed services
Global Expansion Strategy
This acquisition is a key component of Ricoh’s strategy to strengthen its digital services across North America. The company has recently acquired several other entities to enhance its offerings, including Presentation Products, Inc. and Cenero in the United States, as well as others in EMEA and Latin America.
About ET Group
Based in Toronto, ET Group specializes in audiovisual technology solutions. With a 50-year track record, the company focuses on providing tailored workplace technology to help clients navigate complex collaboration and communication challenges.
Ricoh’s Mission and Vision
Ricoh is committed to facilitating digital transformation in workplaces around the globe. Headquartered in Tokyo, the company operates in approximately 200 countries and regions, supported by 85 years of expertise in technology and organizational knowledge. In the fiscal year ending March 2025, Ricoh reported global sales of approximately 16.8 billion USD.
