Saturday, 18 January, 2020

Kokuyo ups Pentel bid

Japanese stationery giant Kokuyo has increased its offer to acquire Pentel after rival group Plus Corporation revealed its own tie-up…

Smead announces changes to manufacturing footprint

Organisational products vendor Smead is to expand two US facilities after carrying out what it calls an “operations efficiency initiative”.…

Kokuyo makes hostile bid for Pentel

There has been a further twist in the investment by Japanese stationery and office furniture giant Kokuyo in writing instruments…

Continued volume declines hit Bong

European manufacturer Bong has reported a drop in third quarter sales despite an improvement in its light packaging segment. The…

Avery makes bolt-on acquisition

Avery has announced an agreement to acquire the shares of Australia-based kids’ labels manufacturer Stuck On You. Avery is paying…

Strong BTS for Avery

Avery reported organic growth of 3.5% in the third quarter after a good back-to-school season in North America. The company…

Same-store sales fall at OfficeMate

Thailand’s leading office supplies reseller OfficeMate reported a 2.4% decrease in same-store sales from its 75 outlets during the third…

Acquisitions drive Exertis earnings growth

Adjusted operating profit at DCC Technology – which trades as Exertis – grew by around 40% in the six months…

Messe Frankfurt marketplace goes live | Supreme Court turns down Staples request | Saligram...

This week’s round-up of business supplies-related stories from around the web. Messe Frankfurt B2B platform goes live Messe Frankfurt has…

Office products sales slip at LSC

US-based group LSC Communications has reported a double-digit drop in Q3 sales at its Office Products division. Third quarter revenue…

Steep declines at Veritiv

North American distribution company Veritiv has reported double-digit declines in both sales and earnings in the third quarter. Veritiv achieved…

ACCO moving production to mitigate tariffs

ACCO Brands has been reducing its exposure to Chinese manufacturing as it tries to navigate the impact of tariffs on…

Stewart Superior turns 25

25 years ago today saw the birth of UK-based office products vendor Stewart Superior. From its humble beginnings in a…

Acquisition for FILA

Italy-based stationery, school and art supplies manufacturer FILA has entered into a memorandum of understanding with Ahlstrom-Munksjö Oyj and its…

Stable Q3 for Newell Writing division

Sales for the Learning & Development segment, which includes the Writing division of Newell Brands, dropped slightly in Q3 2019. …

IP paper sales and profits dip

International Paper’s Printing Papers division has reported a drop in Q3 sales and profits compared with the same quarter last…

ALSO and Tech Data acquisitions | Amazon announcements | Staples to stamp out toxins

This week’s round-up of business supplies-related news from around the web.  ALSO completes Bulgarian acquisition ALSO has closed its previously announced…

Senior management departures at HSM of America

Two long-serving senior executives at HSM of America have left the company, OPI has learned. The President of HSM’s US…

Navigator reports resilient performance

The Navigator Company has said its paper business is showing resilience in an adverse market environment. The Portugal-based manufacturer said…

Avery wins counterfeit case

Avery has announced a favourable judgement from the Ohio State Court after an almost two-year legal battle against sellers of…

Big Read

Clover unleashed

OPI catches up with Clover Imaging President Eric Martin after the company’s acquisition by its executive management team and Norwest…