US private equity firm buys Australasian print management outfit

The 32-store Australian and New Zealand arm of specialist print and print management business Staples has been acquired by US-headquartered global private equity firm, Platinum Equity.

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The announcement did not disclose the value of the deal. 

At the same time, Platinum announced its intention to acquire a similar Australasian company, Officemax, in the near future. It said it will retain the Staples name until such time as it develops a separate corporate brand for the Australian and New Zealand markets.

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Henry Mendelson

  • Oceania correspondent

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