Lyreco is proud to announce today the acquisition of Waser Bürocenter AG and its subsidiary Aepli Office AG in Switzerland.
Waser Bürocenter is a long-time family-owned business being founded in 1845 by Mr J.H. Waser and trades under the names “Waserbüro”, “Aepli” and “Waserpromo”. It counts some 105 employees and realised an annual turnover of CHF 50 million.
Based in Zurich, Waser Bürocenter has nationwide contract operations in Switzerland.
The 4 retail stores are excluded from the transaction.
Lyreco is already the leader in most European markets and the combination of both Waser Bürocenter and Lyreco businesses will strengthen Lyreco’s leading position and operations on the Swiss market.
The acquisition will enable Waser Bürocenter to benefit from Lyreco’s global buying leverage, expertise and systems, having previously only been a sales partner of Staples. Furthermore, Waser Bürocenter customers will now enjoy direct access to 27 countries across 4 continents.
Heinz Waser, Chairman and CEO of Waser Bürocenter, who remains in office as CEO and will actively participate in the integration process, stated: “We are convinced that Lyreco is the ideal strategic partner for the development of Waser Büro. We have decided to join forces to bring maximum customer benefits in the long run and at the same time ensure an optimal solution to the question of succession. The partnership is in the best interest of Waser Büro and all its stakeholders: employees, customers and suppliers. We are delighted to have with Lyreco a market-leading partner that shares our high standards and our core values”.
Philippe Martinez added: “I am thrilled with the acquisition of Waser Bürocenter. Being a privately-owned business, our two organisations share similar values that I am convinced will lead to a better offer for all our customers. I warmly welcome our new colleagues from Waser Bürocenter on board and I am sure that we will jointly make another success story in Lyreco development”.
About Lyreco
Lyreco is a privately-owned supplier of office products to the business community and a leader in business-to-business office products solution. With 10,000 employees including a sales force of over 4,500 people, its core expertise is in the focus on customer service and distribution excellence. It operates in 27 countries around the world, covering 4 continents. As well as being market leader in Europe, Lyreco is also present in North America, Australia and Asia and the group generated sales of € 2 billion in 2009.
The sales partners of Lyreco are:
OFFICEMAX covering the USA and Mexico markets;
ASKUL in Japan
OFFICEPRO in Taiwan;
WALTONS covering the markets in Southern Africa (South Africa, Namibia and Mozambique)
SPEEDSEND which has distribution centre in Cairo, Egypt;
OFFICE PRODUCTS DEPOT operates in New Zealand