Adveo declares bankruptcy

Adveo declares bankruptcy

The European office supplier has declared bankruptcy after various takeover attempts fell through. According to El Confidencial, the company has presented the declaration of insolvency to the National Securities Market Commission (CNMV). The most recent takeover talks...
Adveo declares bankruptcy

Adveo uncertainty after takeover collapse

Negotiations between the office equipment supplier’s creditors and those of its proposed buyer, Staples Solutions, have collapsed. As a result of the breakdown in talks, the company’s shares have plunged by 27.5 percent, with shares losing 83 percent of their value...
Adveo declares bankruptcy

Share collapse after ADVEO acquisition talk

The company’s bonds fell by more than 57 percent in the Continuous Market, after an international industrial investor made a non-binding offer to purchase the group’s debts. The as-yet-anonymous investor is seeking to acquire the debt for capitalisation, reports...
Adveo declares bankruptcy

ADVEO appoints Laschet as Benelux MD

The European office equipment supplier announced the appointment, effective from the 1st of July this year. Roland Laschet will become Managing Director of ADVEO Benelux (Belgium, The Netherlands, and Luxembourg), where he be instrumental in the design and...
ADVEO to shut Winkelhaid warehouse

ADVEO to shut Winkelhaid warehouse

European office equipment supplier ADVEO has announced it will close its warehouse in Winkelhaid, Germany, as part of its Strategic Plan 2017-2020. The plan is aimed at “transforming ADVEO into the European Platform for Workspace Solutions,” according to The Office...