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RAJA Group announces acquisition of Staples Solutions companies

2min read 16/08/2019

The RAJA Group – a leader in the distribution of packaging, supplies and equipment for businesses – announces its intention to acquire the Staples Solutions companies in France, Italy and Spain. Staples Solutions is a leading provider of products, services and office solutions for businesses in Europe.

The contract concerns four brands: JPG, Mondoffice, Kalamazoo and Bernard. The planned transaction is part of the Group’s strategy to increase sales, expand its customer base and diversify its product offering. Following the acquisition of the aforementioned entities, the RAJA Group’s workforce will increase to almost 3,000 full-time employees and turnover will reach €1 billion.

This move will allow the RAJA Group to include a range of products and equipment for small and medium-sized companies as well as large multinationals. The Group will be able to develop partnerships with European customers in all sectors.

Following the planned acquisition, the RAJA Group will occupy key positions in two major B2B distribution markets: office supplies and furniture and cleaning and maintenance products. The Group will invest in the purchased brands of Staples Solutions,whose B2B distribution activities, combined with a multi-channel strategy, complement its current activities.

“Our aim is to implement our global business collaboration strategy and accelerate our growth in Europe. I am delighted with this new acquisition, which will strengthen our position in the European B2B market on a scale beyond our organic growth,” says Danièle Kapel – Marcovici, President and CEO of RAJA Group.

“We are very pleased to have found such a strong and strategic partner for our companies in France, Italy and Spain. Thecombination of RAJA’s vast experience in serving customers in the same industries and a valuable addition to our product offering will provide a valuable proposition for our customers and employees in these countries,” says Dolph Westerbos, CEO of Staples Solutions.

The transaction will be finalised in October following official approval and completion of employee consultation.

About RAJA Group

The RAJA Group is a European leader in the distribution of packaging, equipment and appliances for businesses. Through its 21 companies in 18 countries, RAJA offers the largest selection of packaging products in Europe and a wide range of warehouse, workshop, hygiene and personal protection products, as well as office and retail supplies. In 2018. The Group achieved a turnover of €631 million with more than 1,900 employees.

About Staples Solutions

Staples Solutions is a leading provider of products, services and office solutions for small, medium and large businesses in Europe. With an integrated offering, Staples Solutions is the preferred business partner to meet the diverse needs of the workplace of today and tomorrow. For more information about Staples Solutions, please visit: www.staples.eu.

Source of featured image: unsplash.com/pixabay.com

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