Productive Business Solutions acquires Xerox's Peru, Ecuador operations

Productive Business Solutions has reached an agreement with Xerox Holdings Corporation to acquire its businesses in Peru and Ecuador.

Following the acquisition, PBS will become the exclusive distribution partner for Xerox in Peru and Ecuador. 

Both companies will continue to operate as subsidiaries of PBS.

The transaction is expected to close in the second quarter of 2024, pending authorization from the Ecuadorian competition authority.