M&A Deal Summary

Bruneau Acquires Office Depot Europe B.V. - Spanish Direct Business Unit

On July 31, 2020, Bruneau acquired business services company Office Depot Europe B.V. - Spanish Direct Business Unit from Office Depot Europe

Acquisition Highlights
  • This is Bruneau’s 1st transaction in the Business Services sector.
  • This is Bruneau’s 1st transaction in Spain.

M&A Deal Summary

Date 2020-07-31
Target Office Depot Europe B.V. - Spanish Direct Business Unit
Sector Business Services
Buyer(s) Bruneau
Sellers(s) Office Depot Europe
Deal Type Divestiture

Target

Office Depot Europe B.V. - Spanish Direct Business Unit

Ourense, Spain
Office Depot Europe B.V. - Spanish Direct Business Unit which runs on the commercial brand Viking. The Viking Spain team of distance selling professionals is based in Ourense, Galicia.

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Buyer(S) 1

Buyer

Bruneau

Villebon-sur-Yvette, France

Category Company
Founded 1955
Sector E-Commerce
Employees750
Revenue 312M EUR (2016)
DESCRIPTION

Bruneau is an online distributor of office furniture and supplies in Europe. Bruneau was founded in 1955 and is based in Villebon-sur-Yvette, France.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Office Depot Europe

Venlo, Netherlands

Category Company
Sector Business Services
Revenue 2.0B EUR (2016)
DESCRIPTION

Office Depot Europe is a provider of business supplies and services to help customers work better - whatever their workplace. Company are a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials. Office Depot Europe is based in Venlo, Netherlands.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: Spain M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-26 Office Depot Europe B.V. - CEE Business

Venlo, Netherlands

Office Depot Europe B.V. - CEE Business is a provider of business supplies and services, and focuses primarily on the contract business, servicing SME organizations and the public sector. The business has extended its product and service offerings into adjacent areas such as furniture, PPE, jan/san and managed print.

Sell -