Office Depot completes sale of European operationsStaff Writer | January 2, 2017
Office Depot completed the sale of its European business to The Aurelius Group.
Selling business Since 2005 Aurelius has completed more than 70 transactions
“The sale of our European business will allow us to streamline operations and focus our resources on markets that will provide the best opportunity to implement our recently announced three year strategic plan,” said Roland Smith, chairman and CEO of Office Depot said in September last year.
Since 2005 Aurelius has completed more than 70 transactions across Europe and specializes in investing in companies and corporate spin-offs, as well as complex divisional carve-outs from corporates. ■