M&A Deal Summary

Office Depot Acquires AsiaEC.com

On September 28, 2006, Office Depot acquired retailer AsiaEC.com

Acquisition Highlights
  • This is Office Depot’s 5th transaction in the Retail sector.
  • This is Office Depot’s 1st transaction in China.

M&A Deal Summary

Date 2006-09-28
Target AsiaEC.com
Sector Retail
Buyer(s) Office Depot
Deal Type Add-on Acquisition

Target

AsiaEC.com

Beijing, China
AsiaEC.com Ltd. is a dealer of office products and services in China. AsiaEC's customer offerings include office supplies, technology, furniture, custom printing and promotional items, and business services.

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Buyer(S) 1

Buyer

Office Depot

Boca Raton, Florida, United States

Category Company
Founded 1986
Sector Retail
Revenue 7.0B USD (2024)
DESCRIPTION
Entrance to Office Depot's corporate headquarters in Boca Raton, Florida.
Entrance to Office Depot's corporate headquarters in Boca Raton, Florida.

Office Depot is a retailer and provider of office products and services. The company operating through its direct and indirect subsidiaries, maintains a fully integrated B2B distribution platform of approximately 1,300 stores, an online presence, and thousands of dedicated sales and technical service professionals, all supported by its world-class supply chain facilities and delivery operations. Office Depot was founded in 1986 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 5 of 7
Sector: Retail M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 7
Country: China M&A 1 of 1
Year: 2006 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-31 Papirius s.r.o.

Rudna u Prahy,, Czech Republic

Papirius s.r.o is a business-to-business supplier of office products and services in Eastern Europe. Product offerings include paper and envelopes, filing components, toner, office furniture, writing instruments, cleaning supplies, refreshments and professional services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-30 AxiSource

Toronto, Ontario, Canada

AxiSource, Inc. is a business-to-business office supplies distribution company.

Sell -