"We are pleased to have completed this transaction and look forward to partnering with CEO SG and the Staples management team as we seek to increase long-term profitability," said SK, Managing Director of SP. “With the support of its dedicated associates, Staples is well-positioned to leverage its iconic brand and leading competitive position to drive even greater value for its business-to-business and retail customers in the U.S. and Canada.”
“We are excited about the tremendous opportunities ahead for the Company and our talented associates,” said Shira Goodman, Chief Executive Officer and President, Staples, Inc. “We look forward to benefitting from SPs’ retail and wholesale experience as we work together to deliver exceptional products, services and expertise that enable businesses to work better.”