St. Cloud-based Marco Buys Iowa Company
MASON CITY, Iowa (AP) - Marco has bought a northern Iowa company, Mason City Business Systems.
Marco is based in St. Cloud. A news release announcing the purchase says Marco will retain all 75 of Mason City Business Systems' employees.
Terms of the deal are not being announced. Marco CEO Jeff Gau says the acquisition is the largest the company has made yet, and is part of Marco's long-term strategy to leave a national footprint.
Mason City Business Systems also has offices in Cedar Rapids, Des Moines, Fort Dodge, Davenport and Waterloo. The company provides copiers and printers.
Employee-owned Marco has operations in Minnesota, Iowa and South Dakota. Marco helps organizations manage information by applying network expertise to voice, data, video and print applications.