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.

close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences.

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