DGAP-News: Office Depot Europe to sell its Spanish direct service system to tactical purchaser Bruneau Spain – MarketWatch Ad The MarketWatch News
Department was not connected with the development of this product. DGAP-News: AURELIUS
company unit to tactical buyer Bruneau Spain 31.07.2020/ 07:00 The service provider is entirely accountable for the product
of this statement. Office Depot Europe to sell its Spanish direct service system to tactical buyer
Bruneau Spain -Strategic purchaser Bruneau Spain to integrate organisation and its approx. 24.000 consumers into its existing platform
– Sale will focus Office Depot Europe on its core European markets and ecommerce-centric activities
Munich/Venlo, July 31, 2020 – Workplace Depot Europe, a portfolio company of AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) has accepted deal its Spanish direct service system, which runs on business brand Viking, to tactical purchaser Bruneau Spain, a subsidiary of French Bruneau Group. Bruneau is a prominent mail order company for office items headquartered in Villebon sur Yvette, France. Workplace Depot Europe will hence totally leave the Spanish market following the successful sale of its Spanish arrangement service system on July 23, 2020. Financial info have actually not been exposed.
Bruneau will include company into its existing platform and further establish it. The business has remarkable sales capabilities and the buyer is ensuring connection for its around 24.000 existing customers. Given That Office Depot Spain was acquired in January 2017 industrial and technological ecommerce abilities have in fact been strategically established as part of a digital transformation job.
The sale of the Spanish direct service unitis part of the continuous modification of Office Depot Europe. It will permit Office Depot Europe to focus on its core European markets and ecommerce-centric service. It is the fourth exit of an Office Depot organisation to complete in the previous 9 months. Workplace Depot Europe offered its Central Eastern European organisation in November 2019, its Nordic department in May 2020 and its Spanish contract organisation system given that July 23, 2020.
AURELIUS Group is a pan-European monetary investment group with offices in Munich, London, Stockholm, Madrid and Amsterdam. Given that it was established in 2006, AURELIUS has grown from a local turn-around financier to an around the world multi-asset manager.
AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, ticker sign: AR4) is the kept in mind entity within AURELIUS Group and focuses on buying mid-market business carve-outs and platform accumulations in a broad series of markets. With a group of approximately 100 internal operations specialists, AURELIUS actively supports its portfolio business in their long-term advancement. AURELIUS Equity Opportunities currently has 22 portfolio business situated throughout Europe which utilize around 15,000 individuals and produce annual revenues of approx. EUR 3.4 billion. The shares of AURELIUS Equity Opportunities are traded on all German stock exchange.
AURELIUS Group also operates in the locations of development capital, real estate chances and financial obligation. AURELIUS Growth Capital buys leveraged buyouts typically in succession or business spin-off scenarios. AURELIUS Realty Opportunities concentrates on real estate investments, the worth of which can be increased in the lasting by ways of active management. AURELIUS Financing Company is an alternative direct loan provider, concentrated on providing flexible debt services to little and mid-market companies throughout Europe.
With its group charity AURELIUS Refugee Effort e.V., AURELIUS supplies comprehensive assistance for refugees on their method towards a far better life.
To discover more, go to www.aureliusinvest.de.
Corporate News, sent out by DGAP-a service of EQS Group AG.The company is solely accountable for the content of this announcement.The DGAP Flow Solutions include Regulative Statements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Organisation: AURELIUS Equity Opportunities
|+49( 0 )89 544 799 -0|
|Fax:||+49( 0 )89 544 799 -55 Email: email@example.com Internet: www.aureliusinvest.de||ISIN: DE000A0JK2A8 WKN: A0JK2A|
|Unofficial Market in Berlin, Frankfurt||, Hamburg, Munich (m: gain access to),|
|Stuttgart,||Tradegate Exchange EQS News ID: 1106607|
|End of News DGAP||News Service Jul 31, 2020(|
|EQS Group AG||by methods of COMTEX)– 1106607 31.07.2020|
|COMTEX_368678497/||2560/2020 -07 -31 T01:00:40 Exists a problem with this news release? Contact the source provider Comtex at firstname.lastname@example.org. You can likewise get in touch with MarketWatch Customer service
by ways of our Customer Center. The MarketWatch News Department was not involved in the development of this material. AdvertisementAdvertisementAdvertisementAdvertisementAdvertisementAdvertisementAdvertisementAdvertisementAdvertisementAdvertisementAdvertisement Submit
entry for keyword outcomes Ad No outcomes found Source