Roland Launches Holding Company in UK

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As part of restructuring plans in Europe, Roland announced launch of a holding company in U.K. after board of directors meeting on Feb. 7.

Roland has 10 distribution companies in Europe including Russia. However, the present market conditions call for integrated marketing strategies to cope with cross-border business.

The new holding company is expected to improve and enhance business performance and management ability, and allow top executives faster decision-making.

Roland establishes Roland Europe Group Limited, a 100% owned holding company in U.K. in February, and 10 distributors in Europe become its subsidiaries.

Annual sales of the 10 distributors in Europe are 12.059 billion yen, representing nearly 30% of Roland's 39.889 billion yen consolidated sales in 2013.

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This page contains a single entry by jmtrades published on March 3, 2014 5:04 PM.

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