M&A Deal Summary

Staples Acquires Quill

On April 10, 1998, Staples acquired retailer Quill for 685M USD

Acquisition Highlights
  • This is Staples’ 1st transaction in the Retail sector.
  • This is Staples’ 3rd largest (disclosed) transaction.
  • This is Staples’ 1st transaction in the United States.
  • This is Staples’ 1st transaction in Illinois.

M&A Deal Summary
Date 1998-04-10
Target Quill
Sector Retail
Buyer(s) Staples
Deal Type Add-on Acquisition
Deal Value 685M USD

Target

Quill

Lincolnshire, Illinois, United States
Quill Corporation is an online retailer of office products. Quill offers more than 500,000 products including office supplies, coffee, cleaning supplies, ink and toner, safety and MRO supplies, furniture, and custom-printing services.

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Buyer(S) 1

Buyer

Staples

Framingham, Massachusetts, United States
Category Company
Founded 1985
Sector Retail
Employees42,554
Revenue 18.2B USD (2017)
DESCRIPTION
Entrance to Staples' corporate headquarters in Framingham, Massachusetts.
Entrance to Staples' corporate headquarters in Framingham, Massachusetts.

Staples is an office supply retailer. Staples sells and distributes a variety of office products for consumers as well as small to large companies around the world. Staples was founded in 1985 and is based in Framingham, Massachusetts.

DEAL STATS #
Overall 1 of 17
Sector (Retail) 1 of 5
Type (Add-on Acquisition) 1 of 16
State (Illinois) 1 of 2
Country (United States) 1 of 14
Year (1998) 1 of 1
Size (of disclosed) 3 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-11-21 Staples.com

Framingham, Massachusetts, United States

Staples.com is the online division of Staples, Inc. - a retailer of office supplies, furniture and technologies.

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