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The company was founded in 1992, by Bryan Stokes, as the "Australian Cartridge Company" in Adelaide, and changed its name to Cartridge World in 1999. The first store was franchised in 1997. In August 2007 private equity fund Wolseley Private Equity purchased the business.
Canon introduced its first high-definition camcorder in 2005. [14] In November 2009, Canon made a €730 million (US$1.1 billion) all-cash offer for the Dutch printer maker Océ. [15] Canon had acquired majority ownership of Océ by March 2010, [16] and completed the acquisition of 100% of shares in Océ by the end of 2011. [17]
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