FACTOID # 70: Contrary to the popular rhyme, the rain falls mainly on Guinea.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
 
 
WHAT'S NEW
RECENT ARTICLES
More Recent Articles »
 

SEARCH ALL

FACTS & STATISTICS    Advanced view

Search encyclopedia, statistics and forums:

 

 

(* = Graphable)

 

 


Encyclopedia > Corporate Express
Corporate Express N.V.
Type Public (Euronext: CXP, NYSE: CXP)
Founded 1993
Headquarters Amsterdam, Netherlands
Key people Peter Ventress, CEO
Industry Services
Products Graphic systems
Office products
Revenue 6.306 billion (2006)
Operating income 252 million (2006)
Profit 123 million (2006)
Employees 19,000
Website www.cexpgroup.com

Corporate Express N.V. (Euronext: CXP, NYSE: CXP) is a Dutch company that supplies office products to businesses and institutions. The firm was known as Buhrmann prior to April 20, 2007, when it changed its trading name to that of its most well known brand, taken from the United States-based corporation it acquired in 1999. Corporate Express is a Calgary, Alberta, Canada, based airline. ... This article does not cite any references or sources. ... Euronext N.V. is a pan-European stock exchange based in Paris[1] and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Year 1993 (MCMXCIII) was a common year starting on Friday (link will display full 1993 Gregorian calendar). ... For other uses, see Amsterdam (disambiguation). ... This article is about a term used in economics. ... Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as paper work). The term includes small, expendable, daily use items such... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... For other uses, see Euro (disambiguation). ... One thousand million (1,000,000,000) is the natural number following 999,999,999 and preceding 1,000,000,001. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... For other uses, see Euro (disambiguation). ... One million (1,000,000), or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... For other uses, see Euro (disambiguation). ... One million (1,000,000), or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... This article is about work. ... A website (alternatively, web site or Web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or more web servers, usually accessible via the Internet. ... Euronext N.V. is a pan-European stock exchange based in Paris[1] and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as paper work). The term includes small, expendable, daily use items such... is the 110th day of the year (111th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ...

Contents

History

Buhrmann

Buhrmann N.V. was initially formed from KNP BT, a paper, packaging and printing industry distribution company, founded in 1993 by the simultaneous merger of three companies: Koninklijke Nederlandsche Papierfabrieken (KNP), Bührmann-Tetterode and VRG-Groep. Across 1997 and 1998, the paper and packaging business areas were divested, leaving just the distribution interest, covering BT Office Products as well as graphic systems and paper merchanting businesses. KNP BT was renamed Buhrmann N.V. in July 1998. For other uses, see Paper (disambiguation). ... A sealed pack of diced pork from Tesco. ... Acquisition redirects here. ... In finance and economics, divestment or divestiture is the reduction of some kind of asset, for either financial or social goals. ...


Corporate Express Corporation

Corporate Express was founded by Jirka Rysavy in 1986 in Boulder, Colorado. Initially a regional office products retailer with 11 employees located in one small building, the company quickly established a program of strategic procurement solutions as an important industry innovation. Boulder is a Home Rule Municipality that is the county seat and most populous city of Boulder County, Colorado, in the United States. ...


Initial growth was rapid. In 1994, Corporate Express became a public company with reported revenues of $621 million. Through acquisition of approximately 200 companies by the end of 1998, the company quickly and seamlessly added to its product lines, customer services and geographic breadth to serve a growing group of national and international businesses, including many of the world's largest and best known organizations 2008 today announced merge with lyreco.


Merger and activities since

In October 1999, Buhrmann acquired its competitor Corporate Express Corporation and combined it with BT Office Products. Corporate Express became the name of the office products arm of Buhrmann N.V..


In May 2001, Corporate Express acquired substantially all of the US Office Products (USOP) North American office products assets, including certain stand-alone furniture businesses. USOP's North American office products operations were integrated into Corporate Express, resulting in expected revenues of approximately $5 billion in North America.


The company's new focus on a single business area was consolidated when its paper merchanting division was sold to Australia's PaperlinX in October 2003, leaving only the office-related products business. As a reflection of this, it was decided to change the name of the company to Corporate Express N.V. in April 2007.


June 2007 saw Corporate Express announce [1] its use of HarvestMarkto trace food produce back to its origin to provide safety guarantees for consumers.


Staples bid

United States-based office supplies retailer Staples Inc. launched an unsolicited acquisition bid for the company on 19 February 2008, valuing the company at approximately €2.5 billion.[1] The Corporate Express board rejected the offer, saying that the price undervalued the company.[2] Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as paper work). The term includes small, expendable, daily use items such... STAPLES redirects here. ... [[Media:Italic text]]{| style=float:right; |- | |- | |} is the 50th day of the year in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... Chairman of the Board redirects here. ...


References

  1. ^ Hudson, Alexandra. "Staples in 2.5 bln euro offer for Corp. Express", Reuters, 19 February 2008. Retrieved on 2008-02-19. 
  2. ^ Foster, Patrick. "Staples bid for rival office supplier rejected", The Times, 19 February 2008. Retrieved on 2008-02-20. 

Reuters Group plc (LSE: RTR and NASDAQ: RTRSY); pronounced is known as a financial market data provider and a news service that provides reports from around the world to newspapers and broadcasters. ... [[Media:Italic text]]{| style=float:right; |- | |- | |} is the 50th day of the year in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... [[Media:Italic text]]{| style=float:right; |- | |- | |} is the 50th day of the year in the Gregorian calendar. ... The Times is a national newspaper published daily in the United Kingdom (and the Kingdom of Great Britain before the United Kingdom existed) since 1788 when it was known as The Daily Universal Register. ... [[Media:Italic text]]{| style=float:right; |- | |- | |} is the 50th day of the year in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 51st day of the year in the Gregorian calendar. ...

External links


  Results from FactBites:
 
Corporate Express rebuffs sweetened Staples bid | Kansas.com (766 words)
Chukumba said Corporate Express indicated willingness to talk Tuesday because its management "was running out of time to sit down and negotiate something," after Staples' recently louder drumbeat of statements threatening to try and spur a revolt by Corporate Express shareholders.
Corporate Express last week reported a nearly 47 percent drop in first-quarter profit, driven in part by higher financing costs for its debt.
Corporate Express was known as Buhrmann NV until last spring, when it changed its trading name to that of its most well-known brand, the Colorado-based corporation it acquired in 1999.
Corporate Express jobs in Colorado from Jobing.com (173 words)
Corporate Express, Inc., a Buhrmann company (NYSE: BUH), is one of the world's largest business-to-business suppliers of essential office and computer products and services with 2004 sales of approximately $4.5 billion in North America.
Corporate Express, Inc. is a wholly owned subsidiary of Buhrmann, NV, an international business services and distribution group.
Corporate Express is always looking for people with the skills, special talents, and character to go beyond simple job descriptions and find new and better ways of contributing to the company's success.
  More results at FactBites »


 
 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms, 1022, m