The Office Times

Complete Office Supplies acquires Lyreco Australia

Consolidation in the Australian market has continued with Complete Office Supplies (COS) acquiring the Australian arm of Lyreco.

The acquisition will enable COS to increase its annual revenue from around AUS $145 million to approximately AUS $215, with the addition of Lyreco's sales.

Dominique Lyone, CEO of Complete Office Supplies, said: “Acquiring Lyreco will help continue our growth and success and give Australian business a strong alternative to buy from an Australian owned company.”