Huge Mergers in Office Supply Business in the United States

Jacksonmoe in Lagos, Nigeria Offers the Same Products as the Biggest in the Business

Staples buys Office Depot just 15 Months after Merger with OfficeMax.

 

officeEverything you need for the office at Jacksonmoe

Jacksonmoe is an office supply and furniture outlet located in Lagos, Nigeria.  It is a one stop shop for consumable supplies and computers for the office and furniture for the office, the kitchen, the boardroom and the bedroom.  Its wide product offering stems from a commitment to quality and to serving the needs of its customers.  The product offerings at Jacsonmoe are similar to the most successful office supply retailers in North America, Staples, OfficeMax and Office Depot.

 

Consolidation of Office Supply Business

 

The office supply store business in the United States is consolidating rapidly.  In 2013, the second and third largest players, OfficeMax and Office Depot merged.  Only fifteen months later, Staples announced it had reached an agreement to purchase Office Depot for cash and stock valued at about $6.3 billion.  If the deal is approved by regulators, the new company will be the only major office supply store in the United States and the third largest online retailer in the world with annual sales exceeding $15 billion.  Total revenue would be about $39 billion.

 

Financing for the deal is being provided by Barclays and Bank of America.  Legal counsel for Staples is from Wilmer Cutler Pickering Hale and Dorr LLP and Weil, Gotshal & Manges LLP while Office Depot is relying upon Simpson Thacher & Bartlett LLP for legal advice.   Since Office Depot has gone through a similar type merger very recently, they and Staples expect to be able to use that experience to their benefit in this one.   Cost savings from the deal are estimated at between $1 billion and $2 billion.

 

Modeled after the Big Boys

 

Nigeria

 

Jacksonmoe Limited works closely with their customers in order to help them work better. By coming to Jacksonmoe, clients can be more productive because they know they can take advantage of latest technology, core office supplies, computers, print and document services, business services, facilities products, furniture, and school essentials for every workplace - whether the workplace is an office, home, or school.  Quality product offerings come from paying attention to the marketplace and responding to it.

 

Service comes with the sale, and begins even before the client makes a purchase.  Personnel are trained to work as advisors and collaborators with potential clients to help identify their needs and come up with creative solutions, even if that means sending them somewhere else.  And service does not end with the sale, either.  Jacksonmoe employees are available to help with installation of furniture, training in the use of computers and other electronics, and delivery of any product.  Quality service is the result of continuous training and investment of resources in their people.

 

Along with the traditional offerings of consumables, computers printers and other office electronics, Jacksonmoe has a wide range of furniture:  executive, conference and office tables, work stations, reception centers, book shelves, TV stands, and even beds and kitchen cabinets.  There is literally no need to go anywhere else for furnishings.

 

In Lagos, shoppers can find a locally owned office supply store committed to constant improvement, adheres to principles of quality in staffing and product selection, and provides the same experience that shoppers find in the biggest office supply houses in the world.  Jacksonmoe, Ltd.

 

Because of its commitment to continuous quality improvement, Jacksonmoe has been selected  to receive the BID International Star Award for Quality for 2015 at the convention in Geneva.



About BID and the International Star Award for Quality:

 

BID is a private and independent organization founded in 1984, whose primary activity is business communication orientated towards quality, excellence and innovation in management.  A leader in the broadcasting of Quality Culture, BID recognizes those companies and organizations which lead the most important activities in the business world, and is considered the founding organization in the broadcasting of the Culture of Quality, Excellence and Innovation in 179 countries.

 

The trophy symbolizes a pledge to the principles of Quality Culture. The QC100 Total Quality Management Model, together with the Quality Mix program, media coverage of the convention and its impact on the community and business sector, create an unmatched platform for continuous improvement within the organization and awareness of the achievements of the company at an international level.

 

Awards are given only to those who are committed to improving their Quality Culture based on the principles of the QC100 Total Quality Management Model. Candidates are proposed by the leaders of previously awarded companies who they consider worthy of the award. Especially meritorious candidates may also be nominated.  The International BID Quality Award Selection Committee then chooses the winning companies who will receive the award in New York, Paris, Geneva, Frankfurt, Madrid and London.