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Buyer withdraws from ADVEO Italy deal

Negotiations involving Italian distribution group GDN for the purchase of ADVEO Italy have ended without an agreement being reached. In…

PBS Holding looks to conquer Italy

Multichannel office products player PBS Holding has made the decision to take on the Italian market in 2019. OPI caught…

Albers joins Quantore

Industry veteran Dennis Albers has joined Dutch wholesaler Quantore as Head of Purchasing and Category Management. Albers joins the company…

Private equity firm reaches deal with ADVEO

ADVEO’s operations in France, Italy and Belgium are set to be acquired by private equity firm Sandton Capital Partners. In…

Court approves ADVEO insolvency plan

A Spanish commercial court has approved the voluntary insolvency proposed by European wholesaler ADVEO. In a regulatory filing with the…

ADVEO files an insolvency proceeding

Pan-European business supplies and stationery wholesaler ADVEO has filed for an insolvency proceeding after its lenders withdrew their support for…

ADVEO in creditor protection after Staples talks collapse

European business products wholesaler ADVEO has entered pre-insolvency proceedings after negotiations between its lenders and Staples Solutions ended without an…

Hot Topic: Game changers

When Staples and Office Depot decided almost simultaneously in 2016 to sell off their European operations – and their other…

Analysis: Staples Solutions makes ADVEO move

European office supplies reseller Staples Solutions has emerged as the “international industrial investor” that has signed an agreement with ADVEO’s…

Further steep declines at ADVEO

ADVEO’s delayed half-yearly results point to worsening Q2 trends for the European wholesaler. Back in May, the wholesaler reported disappointing…

ADVEO confirms Staples interest

ADVEO has said that the industrial investor looking to take control of the wholesaler is Netherlands-based Staples Solutions. In a…

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…

ADVEO to be acquired?

An unnamed “international industrial investor” has signed an agreement with ADVEO’s lenders to acquire all of the wholesaler’s financial debt,…

Spotlight: Turning the corner

When pan-European wholesaler ADVEO invited some 140 vendor partners to a hastily-arranged meeting in Paris, France, at the end of…

Sebaoun takes over at Fiducial Office Solutions

Jean-Yves Sebaoun, the former head of ADVEO's French operations, has been named as Managing Director of leading B2B reseller Fiducial…

Research: Finding that anchor

The fifth incarnation of The View from the Top: The State of the OP Industry 2017-18 is highly indicative of…

Xerox responds to investor claims | Walmart expands in India | ADVEO ramps up...

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

Category Update: Give us a break

The office breakroom is undergoing fundamental change. No longer seen as just a place to grab some foul-tasting coffee or…

ADVEO seeking investors

European office supplies and stationery wholesaler ADVEO is looking for a new investor to pump £30 million ($36.5 million) into…

ADVEO reveals impact of transformation

ADVEO’s full-year 2017 figures took a beating during what the wholesaler sees as a transformative step in its 2020 Strategic…

Big read

3M announces restructuring after slow start to 2019

3M has said it will cut 2,000 jobs worldwide after it reported “disappointing” first quarter results. The restructuring will involve…