Ricoh Acquires Presentation Products Inc.
Ricoh Acquires Presentation Products Inc.
Ricoh has announced it has acquired Presentation Products Inc. (PPI), a New York-based audiovisual (AV) integrator with advanced managed services capabilities. The acquisition expands Ricoh's digital services portfolio in North America by building upon the strengths of Cenero, the company's wholly owned managed AV services provider and reinforces its global strategy to support an evolving workplace environment.
Founded in 1994, PPI brings a team of 100 specialists in AV, engineering, design and technology integration, serving enterprise clients across finance, legal, media and other high-value sectors. PPI's design and engineering expertise fast-tracks Ricoh's workplace experience strategy, offering a comprehensive portfolio of solutions that span AV, IT, collaboration platforms and managed services.
"Ricoh is investing in high-growth digital services that enable enterprises to build more connected, collaborative, and intelligent workplaces," said Bob Lamendola, chief digital services and delivery officer, Ricoh North America. "PPI's strong reputation, deep technical expertise and established presence in New York City, the largest AV market in North America, will immediately increase our ability to deliver integrated workplace solutions at scale."
Ricoh and PPI are committed to a seamless integration that maintains service continuity and exceptional client support. PPI employees will join Cenero in Ricoh's growing digital services organization, gaining access to expanded career paths, training and resources while maintaining their values that not only reflect the principles of the Ricoh Way, but have also made PPI a trusted partner to its clients for more than 30 years.
"Ricoh's vision for a connected, intelligent workplace aligns perfectly with the work our team has been doing for decades," said Orin Knopp, founder and CEO, Presentation Products Inc. "By becoming part of Ricoh, we can bring even greater scale, resources and innovation to our clients while preserving the culture, expertise and relationships that define who we are. We're proud to contribute to Ricoh's growing digital services vision and to create new opportunities for our employees and clients alike."
Ricoh continues to make investments globally to deliver enhanced meeting experiences and hybrid work solutions for organizations worldwide, including the acquisition of Cenero (U.S.), DataVision, Pure AV, AVC (EMEA), Videocorp and Go2neXt (Latin America).
"This acquisition is a milestone in our global strategy to invest resources in businesses with future growth potential, such as workplace experience," said Takahiro Irisa, senior corporate officer and president, global Digital Services Business Unit, Ricoh Co. Ltd. "We remain steadfast in advancing our global workplace services capabilities, including AV integration, to empower our clients to tackle challenges in transforming their workspaces and work styles to meet evolving employee and technology needs in shifting workplace environments."
Trafalgar Capital Partners, an M&A advisor with a focus on the technology, media and telecommunications industries, helped facilitate the transaction.
In other news, Ricoh has announced that its global leadership in corporate transparency and performance on climate change and water security disclosure have been recognized by CDP, a global environmental nonprofit organization, securing a place on its 2025 A list. This marks Ricoh's sixth consecutive year on CDP's climate change A list and its third consecutive year on the water security A list.
In the area of climate change, to realize a zero-carbon society, Ricoh aims to reduce greenhouse gas (GHG) emissions from its own operations by 63% (Scope 1, 2) and to achieve a 40% reduction in GHG emissions in the supply chain, covering procurement, transportation and product use (Scope 3), by 2030 compared with 2015 levels. These targets have been validated by the Science Based Targets initiative (SBTi) as 1.5°C-aligned. In addition to its internal efforts, Ricoh conducts supplier briefing sessions and encourages key suppliers to set medium- to long-term GHG reduction targets. The company has also set a goal of sourcing 100% renewable electricity for its operations by 2040 and is actively introducing renewable energy sources with high additionality.
In the 2025 assessment, CDP highlighted Ricoh's improved disclosure of Scope 3 emissions and its proactive engagement in public policy, demonstrating transparency and social leadership across the value chain.
In the area of water security, Ricoh promotes the effective use of water resources to realize a circular economy. Under its water stewardship policy, the company sets targets to reduce total water withdrawals year on year and is working across its global operations to reduce water consumption.
In the 2025 assessment, CDP cited Ricoh's disclosure of water-related risks and opportunities and its efforts to ensure the sustainable management of water resources.
"Since 1998, we have advanced environmental management initiatives that simultaneously pursue environmental conservation and profit generation," said Mikako Suzuki, corporate officer in charge of ESG and risk management, Ricoh Co. Ltd. "We are furthering sustainability initiatives by aligning ESG with business growth. This year's recognition reflects global acknowledgment of our efforts in decarbonization and resource circulation. In particular, the assessment recognized our progress in Scope 3 emissions disclosure and enhanced transparency regarding water-related risks and opportunities. We will continue working with stakeholders to further accelerate initiatives that contribute to realizing a sustainable society through our business activities."
In 2025, Ricoh released the Ricoh Group Sustainability Report 2025, which outlines its policies, strategies, initiatives and performance across its ESG strategy, environmental areas including climate change, resource circulation, pollution prevention and biodiversity conservation, as well as human rights. Particularly, Ricoh provides climate change and biodiversity disclosures aligned with the Task Force on Climate-related Financial Disclosures (TCFD) and the Task Force on Nature-related Financial Disclosures (TNFD) frameworks to ensure transparency for stakeholders.
Ricoh is committed to promoting decarbonization and resource circulation across its entire value chain in collaboration with business partners and customers.