Cherry Hill, New Jersey (December 27, 2013) – Today, Turbon AG, the largest publicly held remanufacturer and collector of laser toner cartridges worldwide, is pleased to announce the acquisition of International Laser Group, Inc. (ILG), a 25 year old industry leader in North America producing premium quality OEM-Alternative imaging supplies.
International Laser Group, Inc. (ILG), will now join the Turbon Group of companies. Both companies will continue to operate independently in their respective marketplace channels. Al De Luca, Chief Executive Officer of Turbon AG said, “We are very excited about ILG joining the Turbon Group of companies and that their management team will remain intact and continue to focus on providing their customers with industry leading products, award-winning consistent quality cartridges, and excellent customer service and support to which they have become accustomed …in addition to coast to coast nationwide distribution from five (5) strategically located distribution centers.”
Gary Michaels, President of International Laser Group commented, “The combination of our two companies will provide significant synergies including improved logistics and distribution for both finished goods and raw materials. By integrating best practices from both companies coupled with Turbon’s financial strength, ILG will continue to provide industry leading consistent quality and services to the benefit of our customer base. The entire ILG team is excited and prepared for future growth in our market space.”
About International Laser Group, Inc.
International Laser Group, Inc., is a twenty-five (25) year old industry leader in the remanufacture, sale and distribution of premium quality OEM-Alternative laser toner cartridges and imaging supplies. Today, ILG is recognized as pioneering some of the industry’s best and most innovative color products including Jumbo Color™ specifically tailored to the MPS channel, and MICR cartridges. Their dedication to award-winning quality and world-class customer service has made them the preferred partner to a loyal customer base for more than two decades. To learn more, visit us online atwww.ilglaser.com<http://www.ilglaser.com>
About the Turbon AG
Turbon AG, the world’s largest publicly held remanufacturer and collector of laser toner cartridges, acts as the holding company of the Turbon Group. Founded in 1962 and with operations in four countries, the Turbon Group is widely recognized as an industry leader in the manufacture and distribution of quality laser toner cartridges worldwide. The complete lines of Turbon’s high quality products are available through select distributors and resellers of office products. To learn more, visit us online at www.turbongroup.com<http://www.turbongroup.com/>.
Contact:
Al DeLuca
Chief Executive Officer, Turbon AG