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Office Depot Announces the Acquisition of Allied Office Products; Nation's Largest Privately Held Office Products Company Has Strong Northeast Presence.

Publication: Business Wire
Publication Date: 17-MAY-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
DELRAY BEACH, Fla. -- Office Depot (NYSE:ODP), a leading global provider of office products and services, today announced that it has acquired the business of privately held Allied Office Products, the country's largest independent dealer of office products and services. Financial terms of the acquisition were not disclosed.

Allied has annual revenues of more than $300 million. The company currently operates sales offices from New York to California, with a strong concentration in the Northeast. Allied's offerings include office supplies, break room and coffee services, janitorial supplies, computer products, custom printing, managed print services, promotional items, office furniture and design.

"This acquisition accelerates Office Depot's growth, enhances our competitive position and extends our industry leading line of products and services," noted Steve Odland,...

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