Office Depot To Acquire Chinese Office Products Firm

Share this content:

Office Depot said Sept. 28 that it has entered into a definitive agreement to acquire a controlling interest in AsiaEC, one of the largest dealers of office products and services in China.

AsiaEC is headquartered in Beijing and has offices in Shanghai, Guangzhou and Shenzhen, where it operates. AsiaEC's offerings include office supplies, technology, furniture, custom printing and promotional items and business services.

The acquisition gives Office Depot, Delray Beach, FL, a significant position in the fast-growing Chinese market. The move also allows the company to leverage its operations in Japan and South Korea to enhance its competitive position in the region, the company said in a statement.


Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above