Office Depot Divests Two European Divisions

September 30, 2019

Office Depot has agreed to sell its subsidiaries in the Czech Republic and Slovakia to PBS Holding.

According to Office Depot, the transaction is part of the company’s overall transformational strategy to focus on e-commerce, OPI reports. Financial details of the divestment were not disclosed.

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