Better Capital makes UK market move
The first of two major acquisitions in the UK business supplies market took place at the end of July when Spicers’ owner Better Capital paid £80 million ($136 million) to acquire OfficeTeam, a leading...
Special feature: Flying the FM banner
With the ever-increasing need to find new revenue streams, the Facilities Management (FM) category has become ever more appealing enabling dealers to maintain margins and provide a more comprehensive offering to customers.The need for...
News Analysis: Vasanta and o2o to merge
Office supply groups Vasanta and office2office (o2o) are set to merge following an offer for o2o by Vasanta’s private equity owner Endless.Endless – which had set up a new company called EVO Business Supplies...
News Analysis: Herman Miller’s new consumer strategy
Office furniture manufacturer Herman Miller hosted an investor day recently to outline its consumer strategy following the $155 million acquisition of a majority stake in design-led retailer Design Within Reach (DWR) which closed on...
News Analysis: Under my umbrella
In the April 2014 issue of OPI, we reported on an initiative by TriMega called Prime, a cross-group block of large dealers that would be able to negotiate stronger terms with vendors and which...