Office Depot Finalizes Divestment of European Business

January 3, 2017

Office Depot Inc. has finalized the divestment of its European business to international asset management firm the Aurelius Group.

The deal, which was announced in September 2016, includes Office Depot’s operations in 14 countries. The transaction is part of Office Depot’s long-term financial strategy to focus on its North America business.

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