OEM and Retail News
May 1, 2008 - page(s): 20
Branding green. “Office Depot Green” is a new environmentally focused line of office supplies that the superstore says is the first dedicated green brand offered by a retailer in the office supply industry. The company plans to grow its green line to include recycled paper, notebooks and file folders, remanufactured ink and toner cartridges, nontoxic cleaners and compact fluorescent light bulbs. The brand will include products with a variety of environmental benefits including 30 percent or more recycled content, remanufactured, Energy Star qualified and Green Seal certified. Office Depot Green is currently available at 1,200 stores and online.
What’s a Danka worth? Konica Minolta Holdings is set to acquire Danka Office Imaging Company, the wholly owned U.S. operating subsidiary of Danka Business Systems PLC. DOIC is one of the largest independent suppliers of office imaging equipment, software, support, and related services and supplies in the U.S. serving more than 45,000 customers and generating $450 million in revenue for the fiscal year ending March 31, 2007. Konica Minolta said it will strengthen its business infrastructure and will begin servicing MFPs and printers through DOIC’s distribution network beginning in mid-2008. The total purchase price is expected to be approximately $240 million.
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This article will be available online on 11/01/2008
