Clover Technologies makes its mark inside many a printer. The company makes toner cartridges for laser and inkjet printers and copiers, and sells refurbished printers. Its supplies work with devices made by such vendors as Brother, Canon, Dell, and HP. Clover's products are sold under its own Dataproducts and Genuine Recycled Cartridge brands, as well as its private label brand CTG. It also makes ink and ribbon for postage meters and magnetically charged ink and toner cartridges for check printers. The company recycles printer cartridges, cell phones, and other small electronics through its Clover Environmental unit. Golden Gate Capital and company management own Clover.
Sales and Marketing
Clover, based in Illinois, operates sales and manufacturing locations in Germany, India, New Zealand, Portugal, Serbia, and the UK, as well as across the Americas. The company's line of toner and ink is available through office products distributors and resellers.
In 2013, Clover logged revenue of $750.1 million with a 221% five years growth rate and 15,000 employees worldwide.
Clover makes more than 2 million cartridges a month. To maintain its momentum, Clover has been expanding its facilities. It built a 15,000-sq.-ft. technology center at its Ottawa, Illinois, facility, and expanded its Canadian operation located in Oakville, Ontario. The latter move involved relocating a warehouse and distribution center to a 100,000-square-foot facility that was three times the size of its predecessor.
Mergers and Acquisitions
In 2014 Clover merged with Micro Solutions Enterprises (MSE), another maker of remanufactured toner cartridges. The companies operate under their respective brands.