Correction: ADVEO bank loan

In yesterday’s story ADVEO to be acquired? we incorrectly stated that a €20 million bank loan would be made available…

BIC expands in Africa

BIC has entered into an agreement with Kenya-based FMCG manufacturer Haco Industries to take charge of its own products in…

LMI announces private equity investment

US remanufacturer LMI Solutions has revealed that private equity firm Turnspire Capital Partners has made a strategic investment in the…

Office Outlet confirms CVA

In an update to yesterday’s Office Outlet article, the retailer has now revealed more details on the restructuring of its…

FusionPlus Data adds five new partners

Specialist data provider FusionPlus Data has announced that Snopake, Mitsubishi Pencil, TC Group, Kimberly-Clark and Exaclair are the latest suppliers…

ARC sales increase | ALSO partners with Treolan | Office Depot announces new appointment

US-based print services provider ARC Document Solutions has reported that Q2 2018 sales grew 2% to $104.2 million, while EBITDA…

ISSA forges deal with AACP

Cleaning industry association ISSA has partnered with the American Association for Cleaning Professionals (AACP). The AACP specifically serves contractors in…

Quantore collaborates with PBS Network

Netherlands-based multichannel office supplies company Quantore has signed an agreement with German e-commerce and data specialist firm PBS Network. The…

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…

Big read

Exacompta to acquire Biella

A major acquisition in the declining filing category has been announced in Europe as Exacompta makes a €33.5 million ($38…