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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…

Alibaba vows to revolutionise global logistics network

Chinese e-commerce titan Alibaba has pledged to invest billions of dollars in a smart logistics network.Founder and Chairman Jack Ma…

Keurig partners with LifeFuels

Beverages manufacturer Keurig Green Mountain is investing in a US portable drinks maker.Ahead of its merger with Dr Pepper, the…

KCP invests in Alabama mill

Kimberly-Clark Professional (KCP) is looking to ramp up its US manufacturing operations.The group has approved a capacity expansion scheme at…

Dams invests in UK manufacturing

UK-based office furniture maker Dams is building a new multimillion-pound manufacturing facility. Situated at its headquarters in Knowsley, Merseyside, the…

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 invests in Ontario wholesaler

Canadian dealer group and contract reseller Novexco is expanding its presence in Ontario.It is investing a further C$4 million (US$3.2…

Private equity buys OTS

US imaging supplies wholesaler Online Tech Stores (OTS) has been snapped up by a private equity firm.Investment group Blackford Capital,…

Private equity backs Complete Business Solutions

UK office products dealer Complete Business Solutions has received backing from a private equity firm.Abercross Holdings has made a significant…

Office Depot Europe promises e-commerce expansion

Office Depot Europe has pledged €20 million ($23.7 million) to fund the expansion of its e-commerce offering.The investment will be…

Irongate expansion paying off

UK dealer Irongate is gearing up for further expansion after revealing a solid sales performance.The company said it was repositioning…

VOW’s jan/san investment is making returns

VOW’s recent investment in its facilities supplies business is beginning to pay off.Since the start of 2017, the UK wholesaler…

Mercateo secures funding for growth

Online procurement platform Mercateo has secured funding to help grow its B2B marketplace.Luxembourg-based BIP Investment Partners has pledged a multi-million-euro…

Amazon India receives $15 million boost

Amazon boss Jim Bezos’ is making good on his promise to commit $5 billion to the online titan’s India-based operations.As…

Amazon Robotics Challenge | Staples’ AI office assistant | Compass H1 results | Blake...

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

LMI invests in Parts Now

US remanufacturer LMI Solutions has announced a strategic investment in printer parts and accessories supplier Parts Now.LMI said the investment will bolster…

3M expands presence in China

3M has set its sights on expanding in the west region of China with the opening of a technical centre.The…

Via Seating in private equity deal

Based in Reno, Nevada, Via said it had spent the past 18 months improving its business model, expanding its key…

OfficeTeam expanding salesforce

UK reseller OfficeTeam has outlined some of its aggressive growth plans.The hybrid contract stationer/dealer – which announced restructured financing details…

‘Max gets Boise windfall

OfficeMax is to receive around $129 million in cash related to its investment in Boise Cascade Holdings (BCH).Since 2004, 'Max…

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ACCO eyeing Zagg?

According to an article in the New York Post, ACCO Brands is one of the suitors for mobile accessories supplier…