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GPC to sell electricals unit

S.P. Richards parent group Genuine Parts Company (GPC) has agreed to sell its EIS electrical components subsidiary to a private…

Flex makes major California acquisition

Private equity-backed imaging and managed print company Flex Technology Group (FTG) has just announced the acquisition of Southern California-based CBE…

Clover provides business update

Ink and toner remanufacturer Clover Technologies has issued a statement as rumours continue to circulate about the company’s future. Last…

Ingram Micro to be sold

The China-based parent company of Ingram Micro has confirmed that it is in talks to sell the IT distributor. In…

Essendant clarifies poison pill deadline

US wholesaler Essendant has amended its 'poison pill' rights agreement to confirm that the shareholding in the company of Staples…

Analysis: How serious is Sycamore?

Even before the dust had settled over the prospect of wholesalers Essendant and SP Richards (SPR) merging, Staples — via…

Analysis: How serious is Sycamore?

Even before the dust had settled over the prospect of wholesalers Essendant and SP Richards (SPR) merging, Staples – via…

Sycamore Partners invests in e-commerce solutions platform

Staples Inc owner Sycamore Partners and fellow private equity firm GTCR have closed a deal for the acquisition of CommerceHub.US-based…

Platinum Equity buys mail business

Winc and OfficeMax owner Platinum Equity has acquired a production mail business for $361 millionIt has signed a definitive agreement…

Diversey combines with UK vendor

Bain Capital Private Equity - the owner of jan/san vendor Diversey - has completed the takeover of UK-based Zenith Hygiene…

Platinum to offload Winc NZ to get OfficeMax prize

Private equity firm Platinum has reached a deal with New Zealand's Commerce Commission to sell Winc NZ once it completes…

Analysis: Which road will Essendant take?

At the end of February, US business products wholesaler Essendant reported a set of challenging 2017 financial results, with sales…

Staples sheds school kits business

Staples Inc has sold off its school supplies business SchoolKidz.com.It has been bought by Los Angeles-based private investment firm Skyview…

Record profit for Aurelius | Chartpak buys paint maker | WB Mason hits back...

The Office Depot Europe acquisition has certainly paid off for Aurelius. The private equity firm – which bought the reseller’s…

Office Depot in Viking domain name spat

An intellectual property ruling panel has deemed Office Depot Europe’s private equity owner guilty of engaging in reverse domain name…

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,…

New CEO for Staples

As revealed by OPI early this morning (GMT), Staples Inc CEO Shira Goodman has been 'let go'.Her departure was confirmed in an…

Analysis: Further twist in OfficeMax sale

Platinum Equity’s attempt to acquire OfficeMax in Australia and New Zealand has stalled after a High Court injunction by New…

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…

NZ watchdog seeks to halt OfficeMax deal

New Zealand’s competition watchdog has launched an injunction to halt the merger of OfficeMax and Winc.The Commerce Commission has filed…

Big read

Court dismisses Essendant motion in GPC lawsuit

Genuine Parts Company (GPC) can move ahead with its ‘breach of contract’ legal proceedings against Essendant, a Delaware court has…