Staples Solutions to Sell International Business Units to Lyreco

Via a press release launched late last week, Staples Solutions have signed an agreement with Lyreco to sell its international business units.

The units which are situated in Norway, Sweden, Denmark, Germany, Poland, and Austria, will become under the property of leading office products distributor Lyreco, subject to the completion of regulatory proceedings and employee consultation matters.

Additionally, their centralized support services located in Poland and The Netherlands which includes IT, merchandising, eCommerce, Finance and Supply Chain Planning operations, will also become the new ownership of Lyreco as part of the agreement.

Staples Solutions Business Units ‘A Strong Match with Lyreco’

Speaking more on the finalized terms of the agreement, Chief Executive Officer of Staples Solutions, Dolph Westerbos, commented on how the transaction has come at a natural point for the company.

“I could not be more pleased that we found such a strong match with Lyreco, a major player in our industry.

Staples Solutions has been on a remarkable journey after separating from its US parent more than four years ago.

We put the customer at the core of our decision making, we broadened our workplace solutions, we localized and simplified our operations; returning to profitability at the end of last year.”

He continues:

“We have become a better business and reached a natural point in our journey for this transaction.

I know that our people will continue to thrive and contribute to Lyreco’s success.”

Putting Common Energy Together to Deliver Excellence

Sharing the view that the agreement between Lyreco and Staples Solutions is a positive one for the future of both companies, Greg Liénard, Chief Executive Officer at Lyreco states:

“The Staples Solutions team is a highly recognized one within our industry, and we share the same passion for our customers.

I am very much looking forward to welcoming them within our organization to put our common energy together to deliver excellence.”

He adds:

“I am convinced that this intended acquisition will enable us to provide an even better service to customers of both our companies.”

The agreement between Staples Solutions and Lyreco is not affiliated with https://www.staples.co.uk/

Sam Rose