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.

Financial Performance

In 2013, Clover logged revenue of $750.1 million with a 221% five years growth rate and 15,000 employees worldwide.

Strategy

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.