Vancouver, BC, Canada – Creo Inc. announces that Creo Middle East and Africa is consolidating its activities with those of Creo Europe, effective April 1, 2003. By combining the two organizations, 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.
“We will be able to apply the well-developed methodology we have in our Waterloo facilities,” explains Alon Lumbroso, managing director, Creo EMEA. “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.