The Recycler
  • Static Control June 2022 Masthead Ad
  • Katun March Web Advert 2021
  • Ninestar Masthead Banner Inkjet
  • Biuromax Web banner June 2022
  • https://www.ecs-uk-ltd.co.uk/partner-us?utm_source=tr-636x124-8&utm_medium=didiad

Staples sells Global Accounts Business

Staples sells Global Accounts Business

February 26, 2021

PBS Holding acquired Staples’ Global Accounts Business effective 19 February 2021.

Over the past three years, Staples Solutions‘ strategy has been to move closer to the customer and reduce its organisational complexity. Its strategy to localise its business included moving most support functions from the centre to the countries, where customers are served.

In line with that strategy, last year Staples concluded to divest the last remaining centralised business at Staples Solutions, ie its GAT or International Contract Business.

PBS said it sees the GAT business as an opportunity to continue growing its direct-to-customer business.

PBS is one of the leading office supplies distributors and resellers in Central and Eastern Europe. Local sales and logistics teams across eight countries take care of more than 200,000 customers. More than 1,400 employees generate annual revenue of €330 million ($363 million) in 2020. PBS is multi-channel, which means taking a leading role in Wholesale and Direct channels in the respective countries.

The entire Staples Solutions Global Accounts Team under leadership of Ian Kirton will transfer to PBS with the sale, along with a number of key local account managers. The sale of the GAT (Global Accounts) Business to PBS was concluded on 19 February 2021.

Categories : City News

Tags : Acquisition International Contract Business PBS Holdings Staples

  • GPI Web advert August 2022
  • Mito July 2022 Web banner
  • Apex UStation web banner
  • Static Control June 2022 Big & Bold Ad
  • Ink Tank web banner new
  • GM Technology August 2022 Web Ad
  • Aster July 2022 Web banner
  • IR Italiana Web ad January 2021
  • HYB Web banner
  • PCL Web ad January 2021
  • ITP Web ad January 2021
  • CET June 2022 Web ad
  • CTS New Ad March 2022
  • Zhono August 2022 Web ad
  • ITP Web ad January 2021
  • PCL Web ad January 2021
  • HYB Web banner
  • Zhono August 2022 Web ad
  • CTS New Ad March 2022
  • CET June 2022 Web ad
  • CTS New Ad March 2022
  • PCL Web ad January 2021
  • HYB Web banner
  • ITP Web ad January 2021
  • Zhono August 2022 Web ad
  • CET June 2022 Web ad

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark