IS FRANCE's LYRECO TO TAKE OVER OFFICE-MAX ?

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IS FRANCE's LYRECO TO TAKE OVER OFFICE-MAX ?

 user 2008-10-07 at 2:16:40 pm Views: 95
  • #20368

    http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=PR&date=20081006&id=9230769
    lyreco ceo discusses office-max takeover rumors

    Lyreco
    CEO Eric Bigeard tells opi.net what he thinks about rumours that
    yesterday’s global contracts alliance between the France-based B2B
    supplier and OfficeMax is the first step to a takeover of the US
    company.

    Lyreco and OfficeMax Announce Global Alliance
    NAPERVILLE, Ill., Oct.08– OfficeMax OMX and Lyreco announce today they entered into an alliance to better serve their customers throughout the world. The partnership brings together the expertise and footprint of two leaders in business-to-business office supply solutions. Utilizing the combined contract operations and infrastructure of Lyreco and OfficeMax around the world, the partnership is expected to provide improved selling opportunities for both companies. Lyreco and OfficeMax will be able to provide exceptional office supplies service to their multinational customers in a broader geographical coverage now reaching 36 countries.”I am delighted to have Lyreco as our partner,” said Sam Duncan, Chairman and Chief Executive Officer at OfficeMax. “Lyreco has always been a leader in Europe and this partnership will improve the OfficeMax service offering for our large international customers. We expect improved selling potential from the partnership.”"I am obviously excited about the two companies coming to such an agreement,” stated Lyreco’s CEO, Eric Bigeard. “OfficeMax and Lyreco share the same commitment for the customers and the same dedication to delight them. OfficeMax has a long established and solid position and I look forward to developing the relationship in the future.”