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Office Depot Closes Sale of European Divisions

November 7, 2019

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Office Depot has finalized the divestment of its subsidiaries in the Czech Republic and Slovakia to PBS Holding.

The US$33 million sale was announced earlier this year. According to Office Depot’s parent firm Aurelius, the transaction is part of an ongoing transformation of the company’s operations in Europe, OPI reports.

About Office Depot
Founded in 1986, Office Depot is a Boca Raton, Florida-based global distributor of workplace products and office supplies. For more information, visit www.officedepot.com.