8°c Overcast
5°c Variable cloudiness
Winnipeg Free Press - PRINT EDITION
Toshiba buys local office-furniture store
Electronic giant Toshiba Corp. has bought out family-owned business Patzer Office Equipment Ltd. of Winnipeg and is keeping the store open under the old family name.
"Everything's the same for now. It's just the company is owned by Toshiba," former owner Kevin Patzer said.
Patzer said he and the nine workers are keeping their jobs and customers won't notice any changes at the store, located at 1475 Dublin Ave.
The store sells fax machines, copiers, printers and other business machines.
The closing date for the sale was March 30, and the sale price was not disclosed.
Patzer's father founded the company in 1975, but he's retired from the business and in poor health, his son said.
Patzer said selling the business was a hard decision. "To see a change is not easy. It's been a family tradition. We have a tradition with our customers and our employees. But this (sale) brings a lot of opportunity to the company that a large corporation can bring.
Patzer said he's also staying to manage the business for Toshiba.
Rick Baird, CEO of Toshiba Business Solutions, confirmed the sale Thursday.
-- staff
Republished from the Winnipeg Free Press print edition April 8, 2011 B9
More Business
- Back to Top
- Return to Business
Poll
Proudly brought to you by:
Most Popular Business
- Forest fire forces closure of gold mine in Timmins area
- RIM stock falls as BlackBerry maker's global sales head quits
- Jets boost TSN Radio, CJOB takes hit
- Proud to be a tortoise: Great-West takes it slow and steady
- City seen as ideal rail hub for Canada, Mexico trade
- Astral sale OK'd, CEO pay nixed
- 50 highest-paid CEOs in AP survey
- Touch of Paris in crepe eatery on Esplanade
- Poll on Mulcair and oilsands shows need for 'national conversation:' Redford
- Compensation due in shaky Facebook IPO, source says
- Manitoba gets first female land surveyor
- Big week for Facebook's Zuckerberg: From IPO opening bells to wedding bells
- Tempers flare on CP picket line on McPhillips Street
- Committee pitches 9-6 Sunday shopping
- Investment fraudster gets 10 years
- Forest fire forces closure of gold mine in Timmins area
- Canadian Pacific workers give 72 hour strike notice as negotiations continue
- Jets boost TSN Radio, CJOB takes hit
- New crepe eatery to be unveiled for Esplanade
- Manitoba Movers
- Boston Pizza franchise mushrooming locally
- Hecla resort finally gets offer
- Manitoba gets first female land surveyor
- Major CWB layoffs underway
- Big week for Facebook's Zuckerberg: From IPO opening bells to wedding bells
- WestJet eyes new routes, seat plans
- No such thing as a bad job, Flaherty tells picky unemployed workers
- Canadian credit card system of fees 'perverse,' raises prices: Competition Bureau
- What happens if Greece leaves the euro zone?
- Ford's outbursts tarnishing Toronto's image, experts warn in wake of latest feud
- Shoppers Drug Mart signs agreement to buy pharmacies from Paragon
- CRTC awards licence for new Calgary FM radio station, The PEAK
- Snowbirds, Americans living in Canada read on...
- Catalyst Paper says it did not get enough approval for restructuring plan
- Royal Caribbean sending 2 cruise liners to China, says they will be Asia's largest
- Bonds provide stability not offered by stock market
- Proud to be a tortoise: Great-West takes it slow and steady
- Rush of ageism to beat new law
- Hecla resort finally gets offer
- Cost of federal payouts hits $2B
- Shoppers Drug Mart signs agreement to buy pharmacies from Paragon
- Avoid merger mess Include HR professionals in preparing for change
- Manitoba gets first female land surveyor
- Snowbirds, Americans living in Canada read on...
- Catalyst Paper says it did not get enough approval for restructuring plan
- Women honoured at awards dinner
- Long haul 'family' Every employee is a spoke in the wheel at Bison Transport
- Walmart Canada to slash prices further to take on discount competition
- Manitoba Movers
- Toronto investment company buys three blocks for $100M
- Loss is New Flyer's gain
- Empty inside
- Snowbirds, Americans living in Canada read on...
- Major CWB layoffs underway
- Shoppers Drug Mart signs agreement to buy pharmacies from Paragon
- Hecla resort finally gets offer
- James E. Marker, inventor of Cheezies, dies in Belleville, Ont., at age 90
- Pershing Square gaining ground in Canadian Pacific proxy battle, poll suggests
- Avoid merger mess Include HR professionals in preparing for change
- Manitoba gets first female land surveyor
Ads by Google
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.
The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010; View the changes. New to commenting? Check out our Frequently Asked Questions.