{"id":30327,"date":"2018-07-25T20:01:38","date_gmt":"2018-07-26T03:01:38","guid":{"rendered":"http:\/\/www.enxmag.com\/twii\/?p=30327"},"modified":"2018-07-25T20:01:38","modified_gmt":"2018-07-26T03:01:38","slug":"cet-group-co-acquires-q2-llc","status":"publish","type":"post","link":"http:\/\/www.enxmag.com\/twii\/news\/2018\/07\/cet-group-co-acquires-q2-llc\/","title":{"rendered":"CET Group Co. Acquires Q2 LLC"},"content":{"rendered":"

Raynham, MA (July 23, 2018)<\/em> \u2014 CET Group Co., Ltd. (CET), a leading global compatible products manufacturer and distributor of imaging products has acquired Q2 LLC, a U.S.-based office imaging parts and supplies distributor. The acquisition formalizes an already strong business relationship between the two companies and will further strengthen CET\u2019s market presence in North America.<\/p>\n

\u201cCET prides itself on developing strategies and programs to meet the specific needs of customers around the world. Q2\u2019s extensive experience and knowledge of the US market will be a valuable asset to CET as we continue to grow in this market,\u201d states Steven Ma, founder, chairman of the board and CEO of CET Group.<\/p>\n

The new organization will also allow Q2 to take full advantage of CET\u2019s rapidly expanding manufacturing capabilities to provide more unique and complex products to Q2\u2019s highly valued customers. These manufacturing capabilities include a new, state-of-the-art and highly automated production facility in Hebei Province, China.<\/p>\n

\u201cOne way to grow is to join forces with a bigger and stronger organization,\u201d explains Joe Steinberg, partner and co-founder of Q2. \u201cQ2 has had a close working relationship with CET for many years. We like how CET operates, the investments they are making, and the direction they are going. We are very excited to join the CET team and are confident that our united forces will benefit our customers.\u201d<\/p>\n

CET and Q2 share the primary goal of providing high-quality compatible products to improve their customers\u2019 profitability. The new and closer relationship between the two companies will help them achieve this goal. Q2\u2019s management team and employees will remain in place and the company will continue to operate out of their Burnsville, MN office.<\/p>\n

###<\/p>\n

About CET Group Co.<\/strong>
\nCET Group<\/a> is an industry leader in the development and manufacture of compatible spare parts and consumables for use in office imaging machines. CET is devoted to providing the most advanced and most trusted compatible products to increase customer profitability and growth. CET is a global company serving the worldwide market with subsidiaries operating in 8 different countries and distributors in over 100 countries.<\/p>\n

About Q2 LLC<\/strong>
\nQ2 LLC<\/a> is a customer-driven\u001b provider of compatible and original replacement parts and supplies for use in copier, printer and multifunction office imaging machines. The Q2 team has extensive and successful experience working with service organizations throughout the office imaging industry.<\/p>\n","protected":false},"excerpt":{"rendered":"

Raynham, MA (July 23, 2018) \u2014 CET Group Co., Ltd. (CET), a leading global compatible products manufacturer and distributor of imaging products has acquired Q2 LLC, a U.S.-based office imaging parts and supplies distributor. The acquisition formalizes an already strong business relationship between the two companies and will further strengthen CET\u2019s market presence in North America. \u201cCET prides itself on developing strategies and programs to meet the specific needs of customers around the world. Q2\u2019s extensive experience and knowledge of the US market will be a valuable asset to CET as we continue to grow in this market,\u201d states Steven Ma, founder, chairman of the board and CEO of CET Group. The new organization will also allow Q2 to take full advantage of CET\u2019s rapidly expanding manufacturing capabilities to provide more unique and complex products to Q2\u2019s highly valued customers. These manufacturing capabilities include a new, state-of-the-art and highly automated production facility in Hebei Province, China. \u201cOne way to grow is to join forces with a bigger and stronger organization,\u201d explains Joe Steinberg, partner and co-founder of Q2. \u201cQ2 has had a close working relationship with CET for many years. We like how CET operates, the investments they are making, and the direction they are going. We are very excited to join the CET team and are confident that our united forces will benefit our customers.\u201d CET and Q2 share the primary goal of providing high-quality compatible products to improve their customers\u2019 profitability. The new and closer relationship between the two companies will help them achieve this goal. Q2\u2019s management team and employees will remain in place and the company will continue to operate out of their Burnsville, MN office. ### About CET Group Co. CET Group is an industry leader in the development and manufacture of compatible spare parts and consumables for use in office imaging machines. CET is devoted to providing the most advanced and most trusted compatible products to increase customer profitability and growth. CET is a global company serving the worldwide market with subsidiaries operating in 8 different countries and distributors in over 100 countries. About Q2 LLC Q2 LLC is a customer-driven\u001b provider of compatible and original replacement parts and supplies for use in copier, printer and multifunction office imaging machines. The Q2 team has extensive and successful experience working with service organizations throughout the office imaging industry.<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[86],"tags":[3223],"_links":{"self":[{"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/30327"}],"collection":[{"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=30327"}],"version-history":[{"count":2,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/30327\/revisions"}],"predecessor-version":[{"id":30329,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/30327\/revisions\/30329"}],"wp:attachment":[{"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=30327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=30327"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=30327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}