Wednesday, 19 December, 2018
Home Tags Essendant

Tag: Essendant

Analysis: The devil’s in the data

As the Federal Trade Commission (FTC) antitrust investigation into Staples Inc’s acquisition of Essendant nears its conclusion, a key issue…

Mixed quarter for Essendant

US wholesaler Essendant has reported profit improvement in its third quarter results, but the top-line in the office reseller channel…

Staples secures Essendant shares

A potential banana skin in Staples’ attempt to acquire Essendant has been avoided after a majority of Essendant’s shares were…

Genuine Parts sues Essendant

Genuine Parts Company (GPC) has filed a lawsuit against Essendant, accusing the latter of “deceptive conduct and breaches of its…

Hot Topic: Game changers

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

Exclusive: Essendant will remain independent, says Staples CEO

Staples CEO Sandy Douglas has told OPI that the reseller “fully intends” for Essendant to be run independently after it…

Staples begins tender offer for Essendant shares

Staples Inc has announced the commencement of its tender offer for all outstanding shares of Essendant common stock. It’s not…

Top Essendant shareholder opposes Staples offer

Pzena Investment Management, Essendant’s largest shareholder, has said it will not support Staples’ current proposal to acquire the wholesaler. In…

No counterbid for Essendant, says Genuine Parts

Genuine Parts (GPC) has said it intends to let its SP Richards (SPR) merger agreement with Essendant terminate rather than…

Essendant board recognises new offer from Staples

Essendant’s board of directors has deemed that an improved offer from Staples constitutes a “superior proposal” to the proposed transaction…

Category Update: Cleaning up

The biggest change in the jan/san sector over the past year has centred around the continuing digitisation of resellers as…

Award for O’Brien on first day of ABC

Jim O’Brien was a popular recipient of the North American Office Products (NAOPA) Industry Achievement Award during the opening session…

Analysis: Staples ups the ante on Essendant

When Essendant reported its Q2 results at the end of July, it revealed that it had not engaged with Staples…

Staples and Essendant sign NDA

After months of waiting, Staples and Essendant have finally entered into a confidentiality agreement (NDA). Following last week’s news that…

Staples turns the screw on Essendant

Staples has sent Essendant a draft merger agreement after reiterating its previous proposal to acquire the wholesaler for $11.50 per…

Hauck leaves Essendant

Essendant VP Marketing & Digital Michael Hauck has evidently parted ways with the wholesaler.According to Hauck's LinkedIn profile, he has…

Analysis: ACCO benefitting from better balance

ACCO's solid first quarter performance underlines its more balanced international presence resulting from the Pelikan Artline and Esselte acquisitions in…

Analysis: Mega-merger in US wholesale channel

Speculation has been rife in the US since the beginning of 2018 that something 'big' was about to happen at…

Comment May 2018

Ihad this column for the Breakroom Special issue of OPI all worked out, talking in some detail about the opportunities…

Robust independent sales boost Essendant’s Q1

Essendant's first quarter sales decline of 2.3% masked some nice growth in key categories by its independent reseller customers.The wholesaler's…

Big read

Tariff relief for OP industry?

Despite an apparent 90-day ceasefire on the trade war between the US and China, uncertainty still reigns. Scheduled to be…