Thursday, 27 February, 2020

Xerox confirms hostile bid for HP

Xerox has announced its intention to launch a tender offer for HP Inc at $24 a share. Clearly frustrated by…

Leadership change at Poly

Joe Burton, CEO of Plantronics’ parent company Poly, is stepping down from his role. Poly said that Burton’s decision to…

Pilot wins US consumer award

Pilot Pen’s FriXion Fineliner erasable marker pen has been named as the 2020 Product of the Year in an awards…

Supplier consolidation in the US

North American business products manufacturer Victor Technology has acquired another well-known industry vendor. Victor has confirmed the acquisition of the…

Private equity buys Europel

European office products distributor Europel has been acquired by a Dutch private equity group, it has been revealed. According to…

Durable turns 100

Office products manufacturer Durable is celebrating its 100th anniversary today. The company’s history goes back to 7 February 1920 when…

Aurelius accuses short seller | Winc lays off tech staff | Newell names Commercial...

This week’s round-up of business products-related stories from around the web. Aurelius hits back after negative report Office Depot Europe…

Avocor unveils European strategy

Collaboration technology specialist Avocor has announced personnel and infrastructure investments as it looks to develop its market presence in continental…

Strong order growth for Kimball

Contract furniture supplier Kimball International reported order growth of 13% in its second quarter driven by the office and hospitality…

Poly reports disappointing results

Communications company Poly – which includes the Plantronics brand – has said its Q3 performance came in below expectations. Poly’s…

Vistaprint and National Pen turnarounds taking shape

The focus on profitability versus sales growth was in evidence in the second quarter results of Cimpress group companies Vistaprint…

Xerox expands IT services

Xerox has announced the expansion of its IT services offering for small businesses across the US, with other markets to…

Epson introduces subscription printing

Epson is launching a subscription printing service, with the global roll-out starting in Europe this month. Called ReadyPrint, the subscription…

Cott sells coffee unit for $405 million

Cott is a step closer to its transition to a pure-play water distributor after agreeing to sell its S&D Coffee…

Q4 boost for Boise

Boise – the paper division of Packaging Corporation of America (PCA) – reported increased volumes in the fourth quarter. Comparable…

Xerox acquires in European SMB space

Xerox has acquired UK-based copier services and document management firm Arena Group. Headquartered in Wakefield, Arena had sales of around…

UPM reports accelerating fall in demand

Paper giant UPM has said the slow economic environment in 2019 contributed to demand for communication papers declining at a…

KCP appoints new President

Newell Brands exec Russ Torres has been named as President of Kimberly-Clark Professional (KCP). Torres will take over at KCP…

Xerox readying for HP integration

Xerox is already planning for the integration of HP, the company said in its full-year earnings presentation yesterday. “As part…

Canon reports accelerated declines

Canon said it saw accelerated contraction in the laser printer market in 2019. In its Office division, the OEM reported…

Big Read

HP to hold talks with Xerox

The chances of HP Inc acquiring Xerox went up by a couple of notches following yesterday’s highly anticipated Q1 earnings…