DGAP-News: Office Depot Europe to sell its Spanish direct business unit to strategic buyer Bruneau Spain
Retrieved on:
Friday, July 31, 2020
24.000 customers into its existing platform
Key Points:
- 24.000 customers into its existing platform
Munich/Venlo, July 31, 2020 - Office Depot Europe, a portfolio company of AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) has agreed to sell its Spanish direct business unit, which runs on the commercial brand Viking, to strategic buyer Bruneau Spain, a subsidiary of French Bruneau Group. - Office Depot Europe will hereby completely exit the Spanish market following the successful sale of its Spanish contract business unit on July 23, 2020.
- The sale of the Spanish direct business unit is part of the ongoing transformation of Office Depot Europe.
- Office Depot Europe sold its Central Eastern European business in November 2019, its Nordic division in May 2020 and its Spanish contract business unit as of July 23, 2020.