Office Depot Europe, a portfolio company of AURELIUS Equity Opportunities SE & Co. KGaA completed the divestment of Office Depot Nordics to CEO Frank Egholm in a family-office backed Management Buy-Out transaction.

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Office Depot Europe, a portfolio company of AURELIUS Equity Opportunities SE & Co. KGaA completed the divestment of Office Depot Nordics to CEO Frank Egholm in a family-office backed Management Buy-Out transaction.
In a recent SEC filing, Office Depot announced a big restructuring plan that will see 13,100 job losses by 2023 and store and distribution facility closures.
Slowly and surely Ninestar has been investing in other companies and has recently announced the share buyout of three more companies.
The company has released a notice regarding revisions of the forecasts for the consolidated financial results and dividends for the fiscal year ended 31 March 2020.
The OEM has released its FY2020 results, which ended 31 March 2020, recording increased net sales and profits.
The OEM has released its consolidated financial results for the fiscal year 2019, reporting sales of printing equipment consumables were firm globally due to COVID-19 effects.