Creo Consolidates Operations: Europe, Middle East, Africa

Published: April 07, 2003, By PRESS RELEASE

VANCOUVER, B.C., CANADA—Creo reports that Creo Middle East and Africa is consolidating its activities with those of Creo Europe, effective April 1, 2003. By combining the two organizations, says the company, Creo can make greater use of the existing infrastructure of Creo Europe in Waterloo, Belgium. To reflect this change, the operation has been renamed Creo EMEA S.A.; the subsidiary will distribute Creo solutions throughout Europe, the Middle East, and Africa, adds Creo.

Explains Alon Lumbroso, managing director, Creo EMEA: "We will be able to apply the well-developed methodology we have in our Waterloo facilities. We also look forward to better sharing of knowledge between the regions." The change is not expected to impact the total number of employees, and cost savings are expected to balance the minor costs of consolidation, says Creo.

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