Office Depot's future in doubt
| 29 July, 2019
Office Depot's future in the UK is in doubt following an announcement by major credit insurer Euler Hermes,
According to The Telegraph, Euler Hermes has told Office Depot's suppliers in the past fortnight that it was no longer prepared to cover their dealings with Office Depot Europe, owned by German investment firm Aurelius.
Office Depot UK is based in Leicester and registered sales of £202m in 2017, making a loss of £9.6 million.