Xerox Holdings Corporation Acquires Lexmark International, Inc.
July 1, 2025
Xerox Holdings Corporation completed its acquisition of Lexmark International, Inc. from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre in a transaction valued at $1.5 billion (including net debt and assumed liabilities). The deal expands Xerox's print and managed print services capabilities, manufacturing capacity and global distribution reach, and is expected to generate meaningful cost synergies and accretion to adjusted EPS.
- Buyers
- Xerox Holdings Corporation
- Targets
- Lexmark International, Inc.
- Sellers
- Ninestar Corporation, PAG Asia Capital, Shanghai Shouda Investment Centre
- Industry
- Manufacturing
- Location
- Kentucky, United States
- Transaction Type
- Buyout
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