Office Depot Europe sells its Spanish Direct business

Following the sale of the Contract business, Office Depot Europe has agreed to sell its Spanish Direct business unit, which runs on the commercial brand Viking, to strategic buyer Bruneau Spain, a subsidiary of the French Bruneau Group.

Bruneau is a leading mail order company for office supplies headquartered in Villebon sur Yvette. With this transaction Office Depot Europe will completely exit the Spanish market following the successful sale of its Spanish Contract business unit on July 23, 2020. Financial details have not been disclosed.

The sale of the Spanish Direct business unit is part of the ongoing transformation of Office Depot Europe. It follows the overall strategy and will allow Office Depot Europe to focus on its core European markets and ecommerce-centric business.

Ensuring continuity for customers

Bruneau will integrate the business into its existing platform and continue to develop it. The business has excellent sales capabilities. By taking over the relevant sales and customer service team the buyer is ensuring continuity for the approximately 24.000 existing customers.

There will be a transition period where all customers will be informed about any changes on time.

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