Genuine Parts CEO praises SPR team
Paul Donahue, CEO of S.P Richards’ (SPR) parent organisation Genuine Parts Company (GPC), called the wholesaler’s third quarter performance “especially…
Essendant sells industrial business
US wholesaler Essendant has divested its industrial products division to private equity firm One Equity Partners (OEP). The corporate carve-out…
SPR reports Q3 results
Third quarter sales and operating earnings of North American wholesaler S.P. Richards (SPR) have been reported via its parent organisation…
WH Smith to make $400 million acquisition
WH Smith has agreed to acquire US travel retailer Marshall Retail Group (MRG) for $400 million as it looks to…
Hamelin acquires Unipapel assets
Stationery vendor Hamelin has spent several million euros on acquiring machinery from bankrupt Spanish manufacturer Unipapel. According to reports in…
DEX to provide turnkey MPS solution for Essendant dealers
In the second part of our interview with Harry Dochelli (click here for Part 1), the Essendant President reveals details…
Essendant tapping into Staples’ resources
OPI catches up with Essendant President Harry Dochelli as the wholesaler begins to roll out new programmes for independent dealers…
Soft demand and prices hit Mondi’s Q3 results
Paper and packaging group Mondi has announced a double-digit drop in profits in Q3. The company reported underlying EBITDA for…
Jespers changes hands | Essity voices Brexit concerns | Lyreco to speak on PPE...
This week’s round-up of business supplies-related news from around the globe. New owners for Jespers UK stationery and fine writing…
Herman Miller now confirms HAY deal
Following on from yesterday’s story about Herman Miller retracting a statement regarding its additional stake in office furniture firm HAY,…
Herman Miller confirms Hay talks but retracts transaction PR
Herman Miller has confirmed that it is in talks to take a further 34% stake in Denmark-based office furniture company…
Exacompta Clairefontaine grows in declining market
European paper and stationery group Exacompta Clairefontaine has reported a 3.5% year-on-year increase in sales for the first half of…
ECI completes EU acquisition | Officeworks launches BTS campaign | Lamy targets India growth...
This week’s round-up of business supplies-related news from around the globe. ECI completes Trivest acquisition Software solutions company ECI has…
Big foodservice win for Emerald Brand
Sustainable products manufacturer Emerald Brand has announced a partnership with US foodservice group purchasing organisation giant Foodbuy. Foodbuy is the…
UOE sells B2B division
UK reseller UOE has sold its B2B operations in order to focus on its growing high street retailing business. Effective…
Depot takes out $735 million bridging loan
Office Depot Inc, via one of its indirect subsidiaries, has subscribed to a three-month bridging loan to refinance its $735…
Antalis reports sharp decline in paper volumes
Distributor Antalis said paper volumes in its European markets fell by around 7% in the first half of 2019. What…
Emerald Brand announces Genera partnership
US-based OP products manufacturer Emerald Brand has struck a deal with biomass firm Genera for sustainable fibre solutions. Launching in…
PBS Holding to buy Depot subsidiaries
Office Depot Europe has announced that it has agreed to sell its subsidiaries in the Czech Republic and Slovakia to…
Record profit for Warehouse Stationery
New Zealand-based Warehouse Stationery has reported its highest-ever operating profit as the retailer recovered from its systems integration and stock…
Big read
ADVEO briefs key suppliers
About 50 suppliers to France-based wholesaler and reseller network operator ADVEO were invited to an update briefing at the ADVEO…