M&A Deal Summary

PBS Holding AG Acquires Office Depot Europe B.V. - CEE Business

On September 26, 2019, PBS Holding AG acquired consumer services company Office Depot Europe B.V. - CEE Business from Office Depot Europe

Acquisition Highlights
  • This is PBS Holding AG’s 1st transaction in the Consumer Services sector.
  • This is PBS Holding AG’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2019-09-26
Target Office Depot Europe B.V. - CEE Business
Sector Consumer Services
Buyer(s) PBS Holding AG
Sellers(s) Office Depot Europe
Deal Type Divestiture

Target

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.

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Buyer(S) 1

Buyer

PBS Holding AG

Wels, Austria

Category Company
Founded 1788
Sector Consumer Products
DESCRIPTION

PBS Holding AG is a distributor of paper, office, and stationery in Central Europe. Depending on the customer segment, all products are enhanced with extensive services that go far beyond the product benefits. PBS Holding was formed in 1788 and is based in Wels, Austria.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2019 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 1 of 2
Sector: Consumer Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Netherlands M&A 1 of 1
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-31 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.

Sell -