Office Depot Europe completes sale of Czech and Slovak subsidiaries
| 07 November, 2019
Office Depot Europe, a portfolio company of AURELIUS Equity Opportunities, completed the sale of its subsidiaries in the Czech Republic and Slovakia to PBS Holding AG on the closing date of November 6, 2019.
AURELIUS says that Office Depot Europe has made major progress in enhancing the efficiency thanks to process optimisations and system enhancements. It adds that significant investments and organisational changes with respect to the reseller's e-commerce capabilities are being rewarded with favourable development of the online business. In this respect, a customer-centric strategy also entails further actions to extent the assortment.