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Bong Ljungdahl merges with Hamelin’s envelope division

September 9, 2010 M & A No Comments

Bong Ljungdahl and Hamelin have signed an agreement to merge Bong Ljungdahl and Hamelin’s envelope division. After the merger, the new company will have a turnover of around SEK 3.500 million (EUR 370 million) and some 2,400 employees. The company will be called Bong and will be listed on the OMX Nordic Exchange Stockholm. Hamelin will get 24.9% of the shares of the new company and convertibles equal to another 5%.
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West Design Products Ltd makes further acquisition

August 2, 2010 M & A, Manufacturer No Comments

Art, craft, toys and stationery manufacturers and distributors West Design Products has today announced it has acquired the business and assets of the commercial stationery manufacturers RD Industries.

RD Industries was a manufacturer of commercial, activity stationery,  commercial labels and children’s activity craft packs to the retail trade and the educational sectors in the UK and to over 26 countries worldwide.
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UOE acquire £1.5m dealer Britsales Ltd

July 22, 2010 Dealer, M & A No Comments

Universal Office Equipment, a subsidiary of UOE Holdings Ltd has announced today it has acquired 100% of the shares of Britsales Limited for an undisclosed cash sum.
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JKL Solutions on the acquisition trail

July 20, 2010 Dealer, M & A No Comments

JKL Solutions Ltd are pleased to announce that they have acquired the business of Office Acumen

With the addition of Office Acumens business, turnover is now in excess of £2 million per year and comes after a swift negotiation period. It is the first of what will become a series of acquisitions of small to medium sized dealers, ensuring that JKL reaches its goal of becoming one of the largest Independent Office Supplies companies in the UK market within 5 years.

Any other dealers interested in joining the JKL Group should contact one of the Directors of JKL, Nick Miles or Nathan Rice on 0844 940 9410.

DS Smith makes acquisition

July 7, 2010 M & A, Wholesaler 1 Comment

The Board of DS Smith announces today that it has submitted a binding offer for the proposed acquisition of Otor, a leading corrugated packaging company in France (the ”Proposed Acquisition”).
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Ross Group acquires Martin Luck and it is full steam ahead.

April 22, 2010 Dealer, M & A No Comments

rossRoss Group which comprises Ross Office Supplies and the SET Group of Companies has formally completed the acquisition of Martin Luck the £9.0m turnover stationery business.

Mandy Jones, the Managing Director of Bristol has told Office Supplies News. “We are absolutely delighted with the acquisition and are very excited about the future. We fully intend to continue to run the Martin Luck business as-is, and have kept on all members of staff including Martin to oversee the operation. In fact, we are looking to expand the business and will be looking for suitable areas of growth in the near future. Anyone interested in applying for a sales position and who has relevant experience should contact Martin as we are currently recruiting!” … Continue Reading

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Martin Luck acquired from the Administrators by The Ross Group

April 22, 2010 M & A No Comments

mlGroupLogoSquareOffice Supplies News can inform you that Martin Luck, the £9.0m turnover stationery business has been placed into administration where it was acquired by the Ross Group. The Ross Group comprises Ross Office Supplies and The SET group of companies. PricewaterhouseCoopers handled the acquisition.

Terms for the acquisition are as yet unknown.

Office Supplies News will bring you more when we have it.

Officemax announces growth plan

March 5, 2010 Dealer, M & A No Comments

Office-Max-LogoOfficeMax says it is now entering ‘growth mode’ and has announced a plan for increasing its sales to achieve mid-single rate growth.

On Thursday, OfficeMax said it will expand printing, shipping and document shredding services at its stores, and will now offer technology-related services, such as helping customers configure their new computers. The retailer is also taking its branded and private label products beyond its traditional superstores after research showed that 90 percent of office supplies are not sold in office supply stores. … Continue Reading

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Esselte Completes Acquisition of Isaberg Rapid

March 5, 2010 M & A, Manufacturer No Comments

esselteEsselte reports that it has completed its previously announced acquisition of Isaberg Rapid, one of the world’s leading companies within the stapling business.
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Elm Workspace acquires Euro Office Equipment to expand office furniture offering

February 15, 2010 Distributor, M & A No Comments

Elm Workspace logoWorkplace interior specialist Elm Workspace has acquired Euro Office Equipment, to expand its furniture offering and grow its established presence.

The move represents the next stage in the expansion of the Elm Workspace business, which is currently fitting out new offices and a showroom exceeding 5,000sq ft – the new epicentre of the business in Wiltshire.  The acquisition will also position Elm Workspace as one of the UK’s leading workplace design and fitting businesses with a significant footprint in the South West.
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