Home Tags Sale

Tag: sale

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…

Antalis refocuses on Europe

Paper and visual communications distributor Antalis has sold two branches of the company, while acquiring a Romanian visual solutions provider.Antalis…

Baccash sells Office 1

Franchise office products retailer Office 1 has announced the sale of its assets and business to Panda, a cooperative based…

ADVEO receives warehouse payment | Supplies Network picks up awards | Staples champions workplace...

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

Office World/iba sold

Swiss reseller iba and multichannel operator Office World – also known as OfficeWorld iba Group (OWiba) – have been sold…

Cerberus ups Staples takeover bid

Private equity group Cerberus Capital Management has raised its bid for Staples, according to StreetInsider sources.The office supplies reseller rejected…

Pelikan sells POSS

Pen maker Pelikan is selling its 100%-owned subsidiary POS Servicegesellschaft (POSS).The Germany-based merchandising group has been acquired by Werner Verwaltungs…

Staples sells former Corporate Express building

Staples has sold the former Corporate Express headquarters in Denver for $16.5 million.The iconic four-storey office complex and its adjacent…

Business goes on for Staples ANZ

A recent press release from a software provider to Staples Australia and New Zealand (ANZ) highlights that companies must adopt…

Private equity firms stoke Staples sale rumours

Rumours of a Staples private equity (PE) deal still seem to be very much alive despite recent doubts from Wall…

OfficeMax sale agreed

Office Depot has reached an agreement to sell its Australia and New Zealand business OfficeMax to private equity group Platinum…

Staples: Wall Street reacts to sale rumours

The rumoured Staples sale doesn’t sit well with analysts. According to Reuters, the investment proposition looks “flimsy” despite the buzz it…

Analysis: Wesfarmers to sell Officeworks

Wesfarmers is looking to cash in on Officeworks’ success and earn potentially in excess of A$1 billion (US$770 million), either…

Wesfarmers puts Officeworks up for sale

Australian conglomerate Wesfarmers has said it is looking to divest its Officeworks office supplies business via a sale or by…

Analysis: Staples leaving Europe at all costs

Staples is taking a big hit – both in terms of cash and non-cash charges – to offload its European…

Lexmark looking to split up?

Lexmark could split its hardware and services divisions to accelerate the sale of the company, reports suggest.According to a Reuters…

Wulff pulls out of promotional gifts business

Scandinavian reseller Wulff has sold its business and advertising gifts business to Norway-based IDÉ House of Brands.The deal, worth €800,000 ($910,000),…

Stora Enso to sell Uetersen Mill

According to Stora Enso, the sale of the mill is in line with its “strategic transformation to a customer-focused renewable…

Acme sells Fremont plant

The final sale price was around $50,000 lower than its original listing, but Acme revealed the sale of the North…

Newell Rubbermaid sells off division

Newell Rubbermaid has agreed to sell its hardware business to Nova Capital, an acquirer of corporate and private equity portfolios.The…

Big read

GSA provides e-commerce update

One month before it is due to submit a report to Congress on its federal e-commerce marketplace initiative, the US…