RAJA Group completed the acquisition of Office Depot Europe from AURELIUS.

RAJA Group, a European distributor of packaging, equipment and office supplies, completed the acquisition of Office Depot Europe, a provider of workplace solutions, from AURELIUS, a private equity firm. Financial terms were not disclosed. "We are delighted about this opportunity with RAJA and we are looking forward to accelerating our business as part of the RAJA Group. As a successful family business, the RAJA Group offers a great base for the future of our business with immense potential for a fruitful collaboration and development. The strategic realignment to our business made us attractive for our strategic buyer RAJA and provides a great position to further drive our business together. We would like to thank AURELIUS for the good and successful cooperation and support during this fundamental transformation over the past years," Raffael Reinhold, Office Depot Europe CEO.