Office Depot

Office Depot is a leading provider of office supplies, technology products, and print services, serving both retail customers and business clients across various sectors with a diverse product range. Founded in 1986 by Jim Harding in Delray Beach, US, Office Depot operates as a major distributor of office supplies. The company's strategic pivot included acquiring subsidiaries, such as Office Depot Israel, which was sold to Universal Motors Israel Ltd for ILS 35 million in May 2022. The firm has completed 11 deals to date, with its latest funding round being a TRADE SALE totaling ILS 35 million, raising a total amount of ILS 35 million.

Office Depot OfficeMax specializes in a wide array of office products including school supplies, ink, toner, paper, office furniture, and electronics. They cater to individual consumers, small businesses, and large corporations, addressing diverse workplace needs with products that enhance productivity and operational efficiency, marketed primarily in the United States. In the fiscal year 2024, Office Depot reported a revenue of USD 6. 99 bn and an EBITDA of USD 357 mn, generated through direct sales, subscription services, and partnerships, offering competitive rates and a Rewards program to boost customer loyalty.

The company aims to expand its product offerings and geographic reach, targeting emerging markets in Latin America and Asia by 2026. Recent funding from the TRADE SALE will support these initiatives and the development of new product lines, enhancing their technological solutions in response to market demands.