ADVEO reaches agreement with banks

The investment of Pimco into ADVEO has been abandoned after the pan-European wholesaler’s banks agreed to cough up a further…

Exclusive report: ADVEO banking on vendor support

ADVEO invited more than 100 suppliers to a meeting in Paris last Friday to dispel rumours that the wholesaler was…

Tesco and Carrefour sign long-term partnership

UK-based retailer Tesco and France-based counterpart Carrefour have announced a three-year strategic alliance.The deal will cover the strategic relationship with…

Keurig agrees to pay over fraud case | BJ’s goes public | Antalis completes...

A round-up of this week's office products, business supplies and stationery news from around the web and elsewhere.Beverages manufacturer Keurig…

Egropa folds into Büroring

German purchasing cooperative Egropa has become part of larger dealer group Büroring following a vote on the deal by each…

ADVEO agrees additional financing

Struggling European wholesaler ADVEO has said it has signed an exclusivity agreement with a new funding partner that will lead…

GNS moves Officesmart to Office Choice

Office Choice and GNS Wholesale Stationers have announced a new partnership to provide management and marketing support services to Officesmart…

ADVEO receives investment offers

Pan-European wholesaler ADVEO has confirmed that it has received offers as it looks for €30 million ($35 million) in extra…

Stora Enso ramps up fight against plastic

European packaging, pulp and paper manufacturer Stora Enso is looking to tackle the global plastic waste crisis.It has signed a…

Newell in $50 million Office Depot tiff

In February, manufacturer Newell Brands revealed a 55% decline in sales from its Writing business due to a trade dispute…

Alibaba pledges $2 billion to Lazada

China’s Alibaba Group has promised to invest a further $2 billion in Southeast Asian online shopping giant Lazada.The move is…

Novexco launches Hamster brand

Canada-based multichannel operator Novexco is bringing its business divisions together under one single new identity: Hamster.The move is part of…

Icahn backs Newell in Starboard battle

Newell Brands has entered into a high-profile agreement that could well secure its position in the power struggle with hedge…

Iceberg completes refinancing

US-based office furniture and viscom manufacturer Iceberg Enterprises has successfully finished its refinancing process.The deal was undertaken by Chicago-based consulting…

Depot appoints marketing partner

Office Depot has teamed up with a new marketing agency to lead it through its planned services-based transformation.The reseller has…

Staples Solutions accelerates private label | US steel tariffs to hit Steelcase | Mercateo...

Staples Solutions has gone live with its implementation of retail solution PTC FlexPLM which will enable the acceleration of its private label product…

Newell clashes with shareholders

US hedge fund Starboard has engaged in a power struggle with consumer goods giant Newell Brands.Starboard – which owns around…

Office Depot in Viking domain name spat

An intellectual property ruling panel has deemed Office Depot Europe’s private equity owner guilty of engaging in reverse domain name…

LMI forges MPS distribution agreement

US remanufacturer LMI Solutions has entered an exclusive arrangement with print management firm nndPrint.The deal will see LMI become the…

Deason hits out at Xerox board, again

Activist investor Darwin Deason has piped up once again to denounce the Xerox/Fujifilm deal, this time seeking to replace its…

Big read

Analysis: Essendant making “strategic investments” in the IDC

Business products wholesaler Essendant said that it spent $19 million on investments in the independent reseller channel (IDC) in the…